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