ADVFN - Advanced Financial Network.
HOME» NASDAQ » A » ADSK Stock Price » ADSK Stock News

Autodesk Share News

 Autodesk (mm) Stock Price
ADSK Stock Price
 Autodesk (mm) Stock Chart
ADSK Stock Chart
 Autodesk (mm) Stock News
ADSK Stock News
 Autodesk (mm) Company Information
ADSK Company Information
 Autodesk (mm) Stock Trades
ADSK Stock Trades

Autodesk 3Q Net Jumps 82%; Shares Down As EPS Views Cautious

DOW JONES NEWSWIRES Autodesk Inc.'s (ADSK) fiscal third-quarter profit jumped 82% as revenue rose and margins surged. But shares slumped 4.7% to $34.55 in recent after-hours trading as the company forecast a fourth-quarter profit of 30 cents to 33 cents a share on $500 million to $520 million in revenue. Analysts had forecast 34 cents and $502 million, respectively. The maker of the popular AutoCAD design software used by engineers and architects has seen sales pick up in recent quarters, reversing a previous trend of declines amid the global downturn. Recent architecture billings and other data suggest a positive demand environment for its software licenses this year, according to a Jefferies note this week. For the quarter ended Oct. 31, Autodesk reported a profit of $53.6 million, or 23 cents a share, up from $29.5 million, or 13 cents a share, a year earlier. Excluding items such as stock-based compensation, earnings rose to 32 cents from 26 cents. Revenue jumped 14% to $476.7 million, following last year's 31% plunge. In August, the comany forecast earnings of 28 cents to 33 cents on $450 million to $475 million in revenue. Operating margin surged to 14.5% from 6.3% amid higher revenue and lower stock-based compensation expenses and the absence of restructuring charges in the latest quarter. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Autodesk (ADSK)
DateTimeHeadline
08/27/201516:02:32Current Report Filing (8-k)
08/27/201516:01:00Autodesk Reports Second Quarter Financial Results
08/27/201516:00:00Autodesk Signs Agreement to Acquire SeeControl
08/12/201510:10:07Hewlett-Packard Names Post-Breakup Board Members
08/04/201516:14:33Statement of Changes in Beneficial Ownership (4)
08/04/201508:00:00Autodesk Provides a Streamlined 3D Printing Experience for Windows...
08/03/201508:30:00Autodesk Extends Invitation to Join Financial Results Conference...
08/03/201508:00:00Autodesk Launches Stingray Game Engine at GDC Europe 2015
07/21/201516:12:30Statement of Changes in Beneficial Ownership (4)
07/15/201516:05:47Statement of Changes in Beneficial Ownership (4)
07/07/201516:04:40Statement of Changes in Beneficial Ownership (4)
07/01/201517:33:59Statement of Changes in Beneficial Ownership (4)
06/30/201517:11:48Statement of Changes in Beneficial Ownership (4)
06/29/201509:00:00Autodesk Expands Free Access to Autodesk Design Academy Curricula...
06/24/201516:36:03Statement of Changes in Beneficial Ownership (4)
06/23/201508:00:00Autodesk to Present at the Nasdaq Investor Program
06/19/201516:05:04Statement of Changes in Beneficial Ownership (4)
06/17/201517:20:24Securities Registration: Employee Benefit Plan (s-8)
06/17/201516:36:32Statement of Changes in Beneficial Ownership (4)
06/15/201508:00:00Autodesk Project Ignite Brings Innovation, Creativity and Maker-Based...

Autodesk and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad