Citrix delivered a mixed third quarter result while maintaining its strong position in the Virtual Desktop Infrastructure (DaaS) market and the Application Delivery Controller market. The company has built a large and dedicated global customer base and a strong presence in major industry verticals within its domain. It has demonstrated success in its cloud shift with over $1 billion in SaaS ARR, and it has largely migrated its model to recurring revenues with over $3 billion in ARR. The manageme ....
07 Jan 2022
Citrix Systems, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
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Citrix Systems, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
- Published:
07 Jan 2022 -
Author:
Ishan Majumdar -
Pages:
14
Citrix delivered a mixed third quarter result while maintaining its strong position in the Virtual Desktop Infrastructure (DaaS) market and the Application Delivery Controller market. The company has built a large and dedicated global customer base and a strong presence in major industry verticals within its domain. It has demonstrated success in its cloud shift with over $1 billion in SaaS ARR, and it has largely migrated its model to recurring revenues with over $3 billion in ARR. The manageme ....