View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 16, 1997updated 05 Sep 2016 1:00pm

AUTODESK HAS SOLID Q1 BEFORE CHARGES

By CBR Staff Writer

Autodesk Inc reported first-quarter results – which included non- recurring charges of $58.1 from the recently completed acquisition of Softdesk Inc (CI No 3,130) – that were just slightly better than Wall Street expected. The design software firm reported a net loss of $52.7m on revenue down 13% at $119m, compared to net income of $19m, or $0.39 per share, a year ago. Excluding the charges, the company showed a profit of $5.4m, or $0.11 per share, when analysts were counting on $0.10.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU