Citrix Systems has resleased results for the quarter ended March 31, showing an increase in revenue of 14% over the same period last year.
For the first quarter of fiscal year 2013, Citrix achieved revenue of $673 million, compared to $589 million in the first quarter of fiscal year 2012.
Other figures for the quarter over the same period last year showed an 8% increase in revenue from products and licenses; 14% increase in software as a service revenue; and a 19% increase in revenue from license updates and maintenance.
Cash flow from operations was $249 million for the first quarter of fiscal year 2013, compared with $243 million for the first quarter of fiscal year 2012.
"In spite of the macro factors negatively impacting IT spending, we executed well in Q1," said Mark Templeton, president and chief executive officer for Citrix. "Consistently, CIOs everywhere tell me they are challenged by the transformation, consumerisation and fragmentation taking place in computing. These forces are creating even more interest in mobility and cloud services.
"We remain focused on our long-term strategy to help our customers as they invest in these areas."
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