Citrix’s Strength Propelled by Cloud Transition
Citrix sits on hybrid cloud nine as second-quarter results came in strong, led by popularity in hybrid cloud offerings and the highest-ever subscription bookings mix in overall product bookings--mostly within workspace services. Business momentum has led management to consequently raise full-year and third-quarter revenue guidance, though stressing that it may be too early to assess the long-term trend hybrid cloud and subscription bookings could have on earnings. We are maintaining our $83 fair...Citrix Systems is an enterprise software company. The company markets and licenses its solutions through multiple channels worldwide, including selling through resellers, direct and over the Web. The company's partner community comprises thousands of value-added resellers known as Citrix Solution Advisors, value-added distributors, systems integrators, independent software vendors, original equipment manufacturers and Citrix Service Providers. The company provides solutions and services that it categorizes into three inter-related and complementary areas: Workspace, Networking and Professional Services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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