Citrix Q2 earnings led by Asia Pacific growth

• US$615mil revenue in Q2 of fiscal year 2012, 16% growth over the US$531mil in Q2 FY2011
• Asia Pacific revenue grew 24%, outpacing the Americas (11%) and EMEA (21%)

VIRTUALIZATION solutions provider Citrix has announced its second quarter earnings, saying that Asia Pacific continues to lead revenue growth.
 
The company achieved US$615 million in revenue for the second quarter of 2012, compared to US$531 million in Q2 of fiscal 2011, representing 16% growth, it said in a statement.
 
Asia Pacific revenues hit US$66 million,  a 24% increase  compared to Q2 FY2011, outpacing other regions, with the Americas growing at 11% and EMEA (Europe, Middle East, Africa) at 21%.
 
This quarter, Citrix increased the number of deals worth US$1 million and over by 50%. The Asia Pacific region accounted for four of the 39 large deals closed in Q2, the company said.
 
Citrix’s performance reflects the increasing importance of desktop virtualization and cloud computing as business imperatives, it said. Citrix’s desktop solutions business grew 13% to over US$343 million, while the total revenue for the data center and cloud business increased by 20% to US$112 million.
 
“In Q2, we saw solid growth in an uncertain economic climate,” said Mark Templeton (pic), president and chief executive officer for Citrix.
 
“I’m pleased with our execution, and our strong market positions. As the rapid transformation from the PC Era to Cloud Era continues, we’re delivering solutions that make it easy for customers to build new clouds, connect to cloud services, and empower their users to work from anywhere.”
 
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