Citrix revenues increase 19 percent to $730 million in Q2 2013

Citrix Q2 2013 revenue increased 19 percent to $730 million.

Net income decreased to $64 million from $92 million.

Net income for the second quarter of fiscal year 2012 includes net tax benefits of approximately $22 million primarily related to the closing of audits with the IRS for certain tax years.

“We’re executing well on product, go-to-market and partnership investments to drive growth in business mobility and cloud infrastructure. Everywhere, I continue to hear from CIOs about how they are challenged by the transformation, consumerization and fragmentation that is taking place in computing,” said Mark Templeton, president and CEO, Citrix.

Citrix strategy remains focused on helping our customers as they deal with these areas – using cloud services and business mobility to improve the security and agility of their infrastructure.

The company’s product and license revenue increased 21 percent.

Citrix says its software as a service revenue increased 15 percent.

Revenue of Citrix from license updates and maintenance increased 18 percent.

Professional services revenue, which is comprised of consulting, product training and certification, increased 25 percent.

Citrix on Wednesday said its net revenue increased in the Americas region by 24 percent, increased in the EMEA region by 16 percent and increased in the Pacific region by 10 percent;

Citrix net revenue is targeted to be in the range of $730 million to $740 million for the third quarter of fiscal year 2013 ending September 30, 2013.

Its net revenue is targeted to be in the range of $2.96 billion to $2.98 billion for the fiscal year ending December 31, 2013.

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