| Citrix Reports Record Second Quarter Revenue of $334 Million |
| Friday, 20 July 2007 by Michel Roth | |||
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In the second quarter of fiscal 2007, total cost of revenues and operating expenses – which include cost of product license and services revenues, research and development, sales, marketing and support, general and administrative and amortization of intangible assets was approximately $268 million. This amount includes amortization expense of approximately $10 million and approximately $3 million in accounting, legal, and tax fees related to the voluntary stock option review. Other income was approximately $12.5 million. Due to the voluntary stock option review, costs and expenses reported today do not include any stock-based compensation expense. “I’m very pleased with our second quarter results,” said Mark Templeton, president and chief executive officer for Citrix. “We capped a great first half of the year with record $334 million of revenue in the second quarter, and $642 million for the first half -- growing 21 percent and 20 percent, respectively. “The combination of our results, strong market traction, and the relevancy of Application Delivery Infrastructure to our customers, fuels my optimism for the rest of the year.” Read the full article here.
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