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Autodesk, Inc. (ADSK) Tops Q2 EPS by 6c, Raises FY Revenue Guidance

August 14, 2014 4:04 PM EDT

Autodesk, Inc. (NASDAQ: ADSK) reported Q2 EPS of $0.35, $0.06 better than the analyst estimate of $0.29. Revenue for the quarter came in at $637.1 million versus the consensus estimate of $603.16 million.

Autodesk, Inc. sees Q3 2014 EPS of $0.17-$0.23, versus the consensus of $0.28. Autodesk, Inc. sees Q3 2014 revenue of $590-605 million, versus the consensus of $588.19 million.

Full Year Fiscal 2015

Autodesk is updating its guidance for full fiscal year 2015 as follows:

FY15 Guidance Metrics FY15 (ending January 31, 2015)
Billings growth 10 - 12%
Revenue growth 7 - 9%
GAAP operating margin 4 - 5%
Non-GAAP operating margin 15 - 16%
Net subscription additions 200,000 - 250,000

Prior FY revenue guidance as 4-6%.

For earnings history and earnings-related data on Autodesk, Inc. (ADSK) click here.



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