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Autodesk FY Q1 Revs Beat, EPS Misses; Guidance In Line

Posted on May 15, 2008

Autodesk (ADSK) reported revenue for its fiscal first quarter ended April 30 of $599 million, ahead of the Street consensus of $589.3 million. Non-GAAP profits of 44 cents a share were four cents shy of the Street view.For fiscal Q2, the company sees revenue of $600 million to $610 million, and non-GAAP profits of 52-54 cents; the Street has been looking for $602.8 million and 52 cents. Autodesk sees fiscal Q3 revenue of $605 million to $620 million, with profits of 53-56 cents a share non-GAAP.For the January 2009 fiscal year, Autodesk sees revenue of $2.45 billion to $2.5 billion, with profi...

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