Subscription Strength Highlights Autodesk Second Quarter Results
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Autodesk (ADSK) Tops Q2 EPS by 4c
August 24, 2017 4:03 PM EDTAutodesk (NASDAQ: ADSK) reported Q2 EPS of ($0.11), $0.04 better than the analyst estimate of ($0.15).
Subscription plan (formerly known as new model) annualized recurring revenue (ARR) was $784 million and increased 94 percent compared to the second quarter last year as reported, and 98 percent on a constant currency basis.Total ARR was $1.83 billion, an increase of 21 percent compared to the second quarter last year as reported, and 23 percent on a constant currency basis.Subscription plan subscriptions increased 270,000 from the first quarter of... More