Autodesk (NASDAQ: ADSK) reported Q3 EPS of ($0.12), versus the consensus of ($0.13). Revenue for the quarter came in at $515 million, versus the consensus of $513.6 million.

• Subscription plan (formerly known as new model) annualized recurring revenue (ARR) was $924 million and increased 106 percent compared to the third quarter last year as reported, and 108 percent on a constant currency basis.
• Total ARR was $1.90 billion, an increase of 24 percent compared to the third quarter last year as reported, and 25 percent on a constant currency basis.
• Subscription plan subscriptions increased 307,000 from the second quarter of fiscal 2018 to 1.9 million at the end of the third quarter. Subscription plan subscriptions benefited from 110,000 maintenance subscribers that converted to product subscription under the maintenance-to-subscription program.
• Total subscriptions increased 146,000 from the second quarter of fiscal 2018 to 3.6 million at the end of the third quarter.
• Deferred revenue increased 15 percent to $1.76 billion, compared to $1.53 billion in the third quarter last year. Unbilled deferred revenue at the end of the third quarter was $148 million.
• Revenue was $515 million, an increase of 5 percent compared to the third quarter last year as reported, and 6 percent on a constant currency basis.
• Total GAAP spend (cost of revenue plus operating expenses) was $615 million, an increase of 1 percent compared to the third quarter last year.
• Total non-GAAP spend was $542 million, an increase of 2 percent compared to the third quarter last year. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables.
• GAAP diluted net loss per share was $(0.55), compared to GAAP diluted net loss per share of $(0.64) in the third quarter last year.
• Non-GAAP diluted net loss per share was $(0.12), compared to non-GAAP diluted net loss per share of $(0.18) in the third quarter last year.

Autodesk sees Q4 EPS of ($0.14)-($0.10), versus the consensus of ($0.14). Sees revenue of $537-$547 million versus the consensus of $544.8 billion.

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