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July 12, 1993

AUTODESK REFUSES TO BUDGE ON 1994 FORECASTS

By CBR Staff Writer

Autodesk Inc is not changing the forecasts it made for revenues and earnings for fiscal 1994, although weaker-than-expected economic conditions, particularly in Germany, could make revenues come in below expectations, treasurer Christine Tsingos told Reuters: she noted that the company had estimated revenues for the year to January 31 at $430m to $450m and earnings per share at $2.50 to $2.75 and added We are not changing the guidance we are giving for the July quarter or for the year, even though the economic situation is worse than when we did the budget last year.

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