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Citrix Reports Q1

FORT LAUDERDALE, Fla. -- Citrix Systems, Inc. (Nasdaq:CTXS), the global leader in application delivery infrastructure, today reported financial results for the first quarter of fiscal 2008 ended March 31, 2008.

Financial Results

In the first quarter of fiscal 2008, Citrix achieved revenue of $377 million, compared to $308 million in the first quarter of fiscal 2007, representing 22 percent revenue growth.

GAAP Results

Net income for the first quarter of fiscal 2008 was $34 million, or $0.18 per diluted share, compared to $38 million, or $0.20 per diluted share for the first quarter of 2007.

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