Tag: ADSK

Autodesk posts solid Q1 despite strong US Dollar

Autodesk posts solid Q1 despite strong US Dollar

Cash flow and net profit were down; AEC remains strong. By Randall S. Newton Autodesk (NASDAQ: ADSK) reported a solid first quarter for fiscal 2016, despite lowered sales due to the strong US Dollar and the continued transition from perpetual licenses to subscriptions. Revenue was $647 million, up 9% compared to 1Q15, and 13% on […]

Autodesk revenue rises 13% in fourth quarter

Autodesk revenue rises 13% in fourth quarter

Net income continues to drop with the conversion to subscriptions. Autodesk (NASDAQ: ADSK) saw revenue rise in the fourth quarter, capping a year which saw AEC sales regain a level not seen for several years. Revenue was $665 million for the fourth quarter of fiscal 2015 (ended January 31, 2015), up 13% compared to 4Q14; […]

By February 26, 2015 0 Comments Read More →
Strong AEC results propel Autodesk third quarter

Strong AEC results propel Autodesk third quarter

Revenue was $618 million, up 11% but net income dropped 81% on increased spending.   Autodesk today reported a strong third quarter, led by a 17% increase in revenue from the AEC business segment. Deferred revenue topped $1 billion for the first time, and total billings rose 25% from a year ago. For the third […]

By November 20, 2014 0 Comments Read More →
Autodesk sets second quarter record

Autodesk sets second quarter record

Billings and revenue both exceeded expectations. Autodesk now has almost $1 billion in deferred revenue. By Randall S. Newton Autodesk (Nasdaq: ADSK) has reported record second quarter income, with healthy increases in billings and subscriptions. All geographic regions reported double-digits percentage growth year-over-year. Revenue for the second quarter of fiscal 2015 (ended July 31, 2014) […]

Autodesk first quarter revenue better than expected

Autodesk first quarter revenue better than expected

Despite going through a major transition, revenue was up 4%, but net income was down. Autodesk (NASDAQ: ADSK) today reported better than expected first quarter results, given the company is going through a multi-quarter business model transition, moving away from selling perpetual licenses and into a variety of subscription-based offerings. Revenue for the first quarter […]

Autodesk reveals impatience with 3D printing innovation rate

Autodesk reveals impatience with 3D printing innovation rate

Introducing a new software platform and a reference design for a 3D printer, Autodesk wants to shake things up in 3D printing the way Google shook up the smartphone market.   Today Autodesk jumped with both feet into the 3D printing industry, with a software platform meant to simplify connecting CAD to printers, and a […]

Autodesk to discontinue Softimage

Autodesk to discontinue Softimage

Three 3D content environments was clearly one too many. Autodesk is offering a no-cost transition to either Maya or 3ds Max. Autodesk today announced the 2015 edition of Softimage will be the last release. Autodesk will start shipping the new version in mid-April 2014, and will offer product support until April 30, 2016. The impending […]

Autodesk revenue transition leads to down quarter and fiscal year

Autodesk revenue transition leads to down quarter and fiscal year

Fourth-quarter revenue down 3%; fiscal year revenue down 1.6%. PLM 360 has best quarter ever as cloud products become popular with early adopters. By Randall S. Newton There is an old saying in law school: When you don’t have facts, argue the law. When you don’t have the law, argue facts. When you don’t have […]

By February 27, 2014 0 Comments Read More →
Autodesk revenue up 1% in third quarter

Autodesk revenue up 1% in third quarter

AEC and Manufacturing are doing well, but Media & Entertainment continues its long slide.  Revenue in coming quarters will be impacted by Autodesk’s changing business model. By Randall S. Newton Autodesk today reported third quarter results of $555 million, up 1% from a year earlier. The company said strong sales of suites and a lift […]

By November 21, 2013 1 Comments Read More →
Autodesk to acquire CAM leader Delcam

Autodesk to acquire CAM leader Delcam

The deal is an all-cash offer for the publicly traded British firm. Autodesk will dip into its non-US cash to pay for the deal. Autodesk (NASDAQ: ADSK) today announces its intention to acquire Delcam (LON: DLC), a leading global supplier of advanced computer-aided milling and related software for manufacturing. The plan calls for Autodesk to […]