Citrix Systems Inc. could be the next technology company to attract an activist investor angling for a breakup.

The $10.7 billion maker of software that lets employees access their workspace remotely posted first-quarter earnings that fell short of analysts’ estimates and lowered its guidance for the rest of the year. Higher costs and slower revenue growth have left Citrix with lower margins and a cheaper valuation than many of its U.S. peers, according to data compiled by Bloomberg.

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