RE:Citrix Revenue from products and license sales continued to remain weak, falling 12% year over year to $183.3 million. And the smaller professional services segment fell 13% over the same period to $36.9 million. But those declines were more than offset by an 8% increase from Citrix's Software-as-a-Service business to
$169.4 million, and 8% growth from the larger licensing updates and maintenance stream to $371.3 million.
In the meantime, Citrix expects current quarter revenue of $785 million to $795 million, and adjusted earnings per diluted share of $0.80 to $0.83. Both ranges fall short of analysts' models, which called for adjusted second-quarter earnings of $0.86 per share on sales of $815.4 million.
For the full year, however, Citrix sees revenue of $3.22 billion to $3.25 billion, with adjusted earnings per share of $3.55 to $3.60. In this case, Wall Street would have settled for 2015 earnings of just $3.53 per share on slightly higher sales of $3.26 billion.