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
02/14/201710:50:13Amended Statement of Ownership (sc 13g/a)
02/14/201710:14:37Amended Statement of Ownership (sc 13g/a)
02/14/201706:04:12Amended Statement of Ownership (sc 13g/a)
02/09/201715:33:21Amended Statement of Ownership (sc 13g/a)
02/07/201709:09:40Amended Statement of Beneficial Ownership (sc 13d/a)
02/07/201709:07:22Current Report Filing (8-k)
02/07/201709:00:00Autodesk Announces CEO Transition
02/01/201708:00:00Autodesk Extends Invitation to Join Financial Results Conference...
01/19/201717:30:55Amended Statement of Ownership (sc 13g/a)
01/19/201716:50:32Current Report Filing (8-k)
01/12/201716:09:34Statement of Changes in Beneficial Ownership (4)
01/10/201716:14:22Statement of Changes in Beneficial Ownership (4)
01/06/201716:32:04Statement of Changes in Beneficial Ownership (4)
01/06/201716:28:59Statement of Changes in Beneficial Ownership (4)
12/28/201616:04:05Statement of Changes in Beneficial Ownership (4)
12/27/201616:07:00Statement of Changes in Beneficial Ownership (4)
12/21/201606:01:45Current Report Filing (8-k)
12/08/201616:05:00Statement of Changes in Beneficial Ownership (4)
12/02/201616:32:13Statement of Changes in Beneficial Ownership (4)
12/01/201616:06:44Quarterly Report (10-q)

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US