Business software giant Citrix Systems posted an 8 percent increase in revenue and a 22 percent increase in net income in the fourth quarter.
The Santa Clara, Calif.-based company reported fourth-quarter revenue of $802 million, up from $740 million a year ago.
Net income for the quarter was $139 million, or 74 cents per share, up from $114 million a year ago. Net income was $195 million, or $1.04 per share, after excluding stock-based compensation and other items.
The company also projected that 2014 revenue will rise between 8 percent and 10 percent.
Citrix offers a variety of products that enable companies to access specific applications as well as entire computer desktops remotely. The company established a presence in the Triangle in 2011 when it acquired Raleigh software firm Sharefile, which now operates as the company’s data sharing division, for $54 million. ShareFile makes software that enables businesses to share large files confidentially over the Internet.
Citrix Sharefile has said it anticipates having 450 to 475 employees locally when it moves this summer into the old Dillon Supply steel warehouse at the corner of West and Hargett streets just west of downtown Raleigh.
For all of 2013, revenue rose 13 percent to $2.92 billion. Net income totaled $339.5 million, or $1.80 per share, down from $352.5 million in 2012.
Citrix issued its fourth-quarter results after the markets closed on Wednesday. Earlier in the day, its shares closed at $57.60, down $1.13.
Staff writer David Ranii