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Autodesk revenue down 4% as move to subscriptions accelerates

Autodesk revenue down 4% as move to subscriptions accelerates

Deferred revenue grew by 26% to account for the majority of revenue for the first time. Autodesk (NASDAQ: ADSK) has been telling Wall Street for a while how the transition from selling software as piece goods (perpetual licenses) to software as a service (subscriptions) would be a long transition with up and down quarters. 2Q16 […]

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

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

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 →