Citrix Systems Inc. said its second-quarter normalized net income amounted to 47 cents per share, compared with the S&P Capital IQ consensus estimate of 100 cents per share.
EPS decreased 10.2% year over year from 52 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $72.7 million, a decline of 10.6% from $81.3 million in the prior-year period.
The normalized profit margin dropped to 10.5% from 12.1% in the year-earlier period.
Total revenue rose on an annual basis to $693.2 million from $674.0 million, and total operating expenses increased 6.1% year over year to $569.1 million from $536.5 million.
Reported net income grew on an annual basis to $109.2 million, or 70 cents per share, from $106.5 million, or 68 cents per share.