Reuters: Technology News: Citrix estimates results below expectations; shares dive

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Citrix estimates results below expectations; shares dive Oct 9th 2013, 20:32 Wed Oct 9, 2013 4:32pm EDT (Reuters) - Cloud computing software maker Citrix Systems Inc estimated quarterly results below analysts' expectations, sending its shares down as much as 13 percent. The company said it expects adjusted earnings of 68-69 cents per share on revenue of $710 million to $712 million in the third quarter. Analysts on average had expected earnings of 73 cents per share on revenue of $737.3 million, according to Thomson Reuters I/B/E/S.

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