Citrix Systems beats earnings estimates as COVID-19 boosts workspace revenue; stock slips

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Citrix Systems beats earnings estimates as COVID-19 boosts workspace revenue; stock slips

Citrix Systems Inc. CTXS, +3.44% reported Thursday first-quarter profit and revenue that were well above expectations, as the digital workspace and networking company witnessed a surge in demand as a result of the COVID-19 pandemic. Net income …
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AT&T's Earnings: Half Empty And Half Full

First the bad news: AT&T Inc’s (T) Q1 earnings per share slipped 2.3 percent from last year, with COVID-19 fallout shaving 5 cents off the bottom line. Revenue dropped 4.5 percent, reversing a trend of quarterly increases. Entertainment group sales and …
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New COVID-19 Testing Site Opens at Osceola Heritage Park

KISSIMMEE, Fla. — A new testing site will be opening at Osceola Heritage Park in Osceola County Thursday morning. CORONAVIRUS LIVE UPDATES: In the Central Florida area | In the Tampa Bay area; COVID-19 IMPACTS ON: Airports, Transportation …
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Renault Lines Up State Aid as it Emerges From Coronavirus Lockdown

PARIS— Renault SA RNO 1.72% is negotiating for billions of euros in state-backed loans as the French auto maker starts to reopen plants world-wide and slash costs to weather the economic crisis caused by the coronavirus. The car maker aims to reach an …
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Las Vegas Sands (LVS) Q1 Earnings Beat, Fall Y/Y on Coronavirus

Las Vegas Sands Corp. LVS reported first-quarter 2020 results, wherein both earnings and revenues surpassed the respective Zacks Consensus Estimate after beating the same in preceding quarter. However, both the metrics declined sharply year over year …
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