The transition is exerting pressure on Product and License revenues as well as Support and Services revenues.Ĭitrix’s highly-leveraged balance sheet is a concern. However, Citrix’s shares have fared terribly on the trading front this year as its transition to subscription-based model has become a tedious affair. These enterprises leverage the company’s wide-ranging portfolio of digital workspace and security solutions, including Citrix SD-WAN, Citrix Secure Workplace Access solutions, Citrix Virtual Apps and Desktops, Citrix Endpoint Management and Citrix Secure Browser. The company boasts a strong customer base of more than 400,000 global business enterprises.
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