Some Q1 highlights
Here are some Citrix 2010 Q1 highlights:
- Desktop business grew 9% over last year to $264 million.
- XenDesktop contributed $32 million of recognized revenue, with trade-up products adding another $14 million to the deferred revenue balance.
- Four out of the five largest transactions across the company included XenDesktop.
- More than 10% of existing XenApp customers up for renewal in Q1 chose instead to trade up to XenDesktop.
As predicted, Citrix’s focus beyond VDI-only solutions, deep experience with application delivery, and proven networking solutions are accelerating Citrix’s momentum in the market. Microsoft’s blessing isn’t a bad thing to have, either. Brad Anderson called out Citrix as the preferred desktop virtualization solution in his keynote at MMS 2010. We will see what the impact is over the next two to three quarters as companies amp up their Windows 7 migrations.
