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Citrix Systems’ (CTXS) negative Q1 earnings preannouncement late Thursday could signal more adverse implications for the technology company. Citrix, which makes desktop virtualization software in competition with VMware (VMW) and others, could be in for tougher times as it works through internal restructuring and foreign currency issues, Michael Turits, an analyst for Raymond James & Associates, said in a research report Friday. He maintained a Scalper1 News
Scalper1 News