Strong Annualized Recurring Revenue (ARR) Growth Highlights Autodesk Fourth Quarter Results
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Autodesk (ADSK) PT Raised to $156 at RBC Capital; Strong ARR
March 7, 2018 5:32 AM ESTRBC Capital raised its price target on Autodesk (NASDAQ: ADSK) to $156.00 (from $140.00) while maintaining a Outperform rating.
Analyst Matthew Hedberg notes that despite lower sub-adds, Q4 ARR beat, guidance was higher for FY19 ARR and FY20 ARR/FCF targets were reiterated.
... MoreAutodesk (ADSK) Tops Q4 EPS by 2c, Offers Outlook
March 6, 2018 4:04 PM ESTAutodesk (NASDAQ: ADSK) reported Q4 EPS of ($0.09), $0.02 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $554 million versus the consensus estimate of $544.74 million.
Business Outlook
The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties some of which are set forth below under "Safe Harbor Statement." Autodesk's business outlook for the... More
