Autodesk (ADSK) Affirms Q3, FY15 Outlook Ahead of Investor Day Event

Autodesk (Nasdaq: ADSK) reiterated its business outlook for its third quarter and full year fiscal 2015. The design and engineering software leader will also share plans for expanding its market opportunity and transitioning to a more recurring business model at its annual Investor Day, held in the Autodesk Gallery in San Francisco.

“We continue to be optimistic about our near-term opportunities and long term growth prospects,” said Carl Bass, Autodesk president and CEO. “More and more designers, engineers and creative artists are recognizing the value of Autodesk and subscribing to our maintenance, desktop, and cloud offerings. At our Investor Day event today we will discuss the reasons for our confidence in our transition to a subscription-based business model and how it supports the re-affirmation of our long-term strategy.”

At today’s event Investor Day event, Bass will be joined by other members of the Autodesk leadership team to discuss the demands and opportunities of the current market, business model transition, financial metrics, and the company’s corporate strategy.

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