Citrix chief feels 'energised' after stronger Q2

Comeback kid Mark Templeton is looking ahead to the future as vendor sees growth for its latest financial quarter

Citrix’ CEO Mark Templeton has said he is feeling ‘energised’ after the company saw second quarter revenue grow seven per cent.

Citrix posted Q2 revenue of $782m, compared with $730m in the same quarter the previous year. And in the EMEA and Pacific regions revenue increased by eight per cent, with the Americas region growing by four per cent.

Earlier this year the industry rumour mill ground into gear as the ‘will he, won’t he retire’ scenario did the rounds despite the company actually announcing his retirement, and a fairly low-key speculation followed in the press over who would take the reins.

But, just weeks ago it was announced Templeton was staying in a ‘multi-year deal’.

Net GAAP income for the quarter actually dropped to $53m, compared to $64m in 2013, but the vendor said this includes impairment charges of around $30m related to ‘certain intangible assets’ within the enterprise and Service Provider division, and a restructuring charge of approximately $5m for severance costs.

“I’m pleased with our performance and results for Q2,” said Templeton in a statement. “I’m really proud of how our team delivered greater operating efficiencies while driving our very significant pivot to mobility. As we move into the second half, we’ll continue to refine operations to further increase shareholder value and to stay aggressive with valuable solutions for our customers’ mobility needs.

“And, on a personal level, I’m excited to be back, energised, and looking forward to the future here at Citrix,” he added.