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 a constant currency basis. Total … [Read more...] about Autodesk posts solid Q1 despite strong US Dollar
ADSK
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; 15% on a constant currency basis. Fourth … [Read more...] about Autodesk revenue rises 13% in fourth 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 time this fiscal year, Autodesk has raised its guidance for … [Read more...] about Strong AEC results propel Autodesk third quarter
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 … [Read more...] about Autodesk sets second quarter record
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 of … [Read more...] about Autodesk first quarter revenue better than expected
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 reference design for a 3D printer it will build and also … [Read more...] about Autodesk reveals impatience with 3D printing innovation rate
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 death of Softimage has been the … [Read more...] about Autodesk to discontinue Softimage
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 either, pound your fist on the table. For Autodesk, reporting … [Read more...] about Autodesk revenue transition leads to down quarter and fiscal year
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 in the construction market helped to … [Read more...] about Autodesk revenue up 1% in third quarter
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 pay £20.75 ($33.36) per share or … [Read more...] about Autodesk to acquire CAM leader Delcam