Citrix has lauded partners for embracing its new subscription models after reporting a revenue jump in Q1.
For the three months ending 31 March, Citrix saw its revenue increase five per cent year on year to $697m (£499m), while net income more than doubled to $144m.
On an earnings call transcribed by Seeking Alpha, Citrix CEO David Henshall said: "Partners and our customers are embracing the subscription model - really driving the conversion that we introduced last October.
"Customers are realising that Citrix Cloud can add a lot of value to their own initiatives, in terms of simplifying the adoption of hybrid cloud.
"It's clear that our customers are looking to operate in a multi-cloud, hybrid cloud world, and Citrix is clearly positioned to help provide simple, secure and unified solutions to help them."
Citrix saw its subscription revenue jump 49 per cent year on year to $103m in the quarter, to make up 15 per cent of its total revenue.
Angela Eager, research director at analyst TechMarketView, praised the impact CEO Henshall has had in pushing customers towards subscription models, but warned that more needs to be done to integrate the wider Citrix portfolio.
"Citrix still has work ahead around its goals of accelerating cloud adoption, unifying its portfolio and building into areas such as security, analytics and secure digital perimeters," she said.
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