FX.co ★ Prospering in pandemic: top 3 US companies thriving amid COVID-19

Citrix Systems

Head office is located in Florida and California

Citrix Systems has over 100 million clients from 400,000 organizations worldwide. This year, its shares have jumped approximately by 30%. Transition to remote work made the company even more popular and boosted demand for its services. Citrix Systems offers its customers VPN software that enables them to remotely connect to their work computers and networks via a secure connection. Of course, this service was popular before, but it became particularly important at the peak of the coronavirus pandemic. According to preliminary estimates, the company's capitalization may reach $18 billion this year. At least, all forecasts about the growth in the company’s profits have been already broken. The recent financial reports unveiled that the total amount of profit per 1 share of Citrix Systems was $1.24, and its yearly revenue increased by 4%.

ServiceNow

Head office is located in California

This year, shares of ServiceNow have leaped in the market. They showed an 84% jump. The company has gained such popularity thanks to its services. The fact is that ServiceNow is a provider of cloud software that is necessary for workflow automation. In other words, the company's services help other organizations track and manage all their working processes. The company's share price has already reached a record high of $522.77. The capitalization of ServiceNow is around $100 billion. According to analysts, in 2020, earnings per share may grow to $1.03 compared to the previous year. At the same time, the company’s revenue may jump to about $1.11 billion.

Datadog

Head office is located in New York

Datadog is a developer of a monitoring and analytics tool for information technology. Its shares have doubled in value since the beginning of this year. At the moment, their price is at the record high of $116.87 per unit. The company's capitalization has also surged up to $25 billion. According to preliminary data, Datadog's profit in 2020 may increase by 100%, which corresponds to an increase of $0.01 per share. The company’s revenue may also jump (by about 50%) to reach $144.3 million.