Citrix Reports 17% Q2 Revenue Growth
Citrix announced favorable financial numbers last week, saying its revenues for Q2 of 2010 had grown 17 percent over the same period last year, from $393 million to $458 million. The company also said second quarter net income was $48 million, compared to $43 million during Q2 2009.
Looking forward, Citrix projected third quarter net revenue to come in around $450M-$460M.
The release accompanying the numbers featured predictably banal canned quotes from President and CEO Mark Templeton, ending with a paean to XenDesktop, the go-to product of the future. "We are excited about the trajectory we are seeing in XenDesktop licensing," he said. "Clearly, the desktop virtualization revolution is here now and adoption is accelerating. By our measures, we are now number one in this market."
While Mark did not disclose what "measures" Citrix had used to determine they were numero uno, we would be nothing less than cynical if we chose to question said measures, which when used under such circumstances tend to have the consistency of quicksilver. We will leave such doubting to VMware, which really needs to take the wraps off View 4.5, lest it lose the right to proclaim itself as the market leader, based on its own choice of fuzzy measures.
Posted by Bruce Hoard on 08/02/2010 at 12:48 PM