Citrix Systems (CTXS) reported a blowout fourth quarter, driving the stock higher after hours.

For the quarter, Citrix reported revenue of $400 million, beating the Street consensus of $380.4 million. Non-GAAP EPS of 49 cents beat the Street by six cents.

For the first quarter, the company sees revenue of $367 million to $377 million, with non-GAAP EPS of 33-35 cents. The Street has been looking for $367.6 million and 35 cents.

For all of 2008, Citrix sees revenue of $1.615 billion to $1.645 billion, with non-GAAP EPS of $1.61 to $1.64. The Street has been looking for $1.61 billion and $1.62.

In after hours trading, Citrix shares are up $1.60, or 5%, at $33.60.