Citrix Systems 2Q profit rises, Meur view misses

SANTA CLARA, California (AP) - Citrix Systems Inc. said Wednesday that its second-quarter profit climbed that demand increased virtualization, networking and cloud computing software offerings of the maker of business software. The results beat Wall Street expectations, but the Outlook for third quarter of the company for adjusted net income missed Analyst views.Citrix shares fell 5 percent in extended trade.In the quarter April-June, Citrix received 82 million, or 43 cents per share, compared to $ 48 million, or 25 cents per share, in the same quarter of the previous year. Excluding non-recurring items, Citrix has gained 57 cents per share, which is higher que so that expected analysts surveyed by FactSet 2 cents, on average.Revenue jumped to 15 per cent to 530.8 million, beating analyst estimates for 522.8 million. Citrix said revenues licensing of products increased 15 percent to 171.3 million, while revenue from the licensing update has increased by 9 per cent to 183.9 million. Online services of the company revenues rose to 19 per cent to 106.5 million.The company predicted revenue in the current quarter will total $ 540 million to $ 547 million, and Citrix expects a net income of 39 to 41 cents per share, or 56 to 58 cents per share. Analysts have been expect net adjusted to 61 cents per share on the 543.2 million in revenue.For all 2011, Citrix has raised its revenue forecast, saying that he expected $ 2.16 trillion 2.19 billion in revenue. The company still expects net income of $2.38 to $2.41 per share, excluding special items. Analysts are looking for adjusted net $ 2.41 per share of $ 2.16 billion.Citrix shares fell $3,26 $67.68 in Exchange after hours. The commercial finished stock regular $3.57, or 4.8%, to $70.94.