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Autodesk Inc (ADSK.OQ)

ADSK.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Autodesk Inc Reports Q2 Non-Gaap Earnings Per Share $0.65
Wednesday, 28 Aug 2019 

Aug 27 (Reuters) - Autodesk Inc ::AUTODESK, INC. ANNOUNCES FISCAL 2020 SECOND QUARTER RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.65.Q2 GAAP EARNINGS PER SHARE $0.18.Q2 EARNINGS PER SHARE ESTIMATE $0.61 -- REFINITIV IBES DATA.Q2 REVENUE $797 MILLION VERSUS REFINITIV IBES ESTIMATE OF $787 MILLION.QTRLY TOTAL ARR INCREASED 31 PERCENT TO $3.07 BILLION.QTRLY CORE ARR INCREASED 26 PERCENT TO $2.86 BILLION.SEES Q3 FISCAL 2020 REVENUE $820 MILLION - $830 MILLION.QTRLY CLOUD ARR INCREASED 175 PERCENT TO $207 MILLION.QTRLY SUBSCRIPTION PLAN ARR INCREASED 58 PERCENT TO $2.65 BILLION.QTRLY TOTAL BILLINGS INCREASED 48 PERCENT TO $893 MILLION.SEES Q3 FISCAL 2020 EPS GAAP $0.24 - $0.28.ARE NOT MATERIALLY IMPACTED BY CURRENT TRADE TENSIONS AND MACRO UNCERTAINTY.TAKING A PRUDENT STANCE TO OUR SECOND HALF FISCAL 2020 OUTLOOK.SEES Q3 FISCAL 2020 EPS NON-GAAP $0.70 - $0.74.SEES FY EPS GAAP $0.75 - $0.87.SEES FY FISCAL 2020 EPS NON-GAAP $2.69 - $2.81.Q3 EARNINGS PER SHARE VIEW $0.77, REVENUE VIEW $838.8 MILLION -- REFINITIV IBES DATA.SEES FY REVENUE $3,240 MILLION - $3,270 MILLION.SEES FY TOTAL ARR $3,425 MILLION - $3,485 MILLION.FY2020 EARNINGS PER SHARE VIEW $2.81, REVENUE VIEW $3.28 BILLION -- REFINITIV IBES DATA.SEES FY FISCAL 2020 BILLINGS $4,020 MILLION - $4,080 MILLION.SEES FY FREE CASH FLOW APPROX $1.30 BILLION.  Full Article

Autodesk Says Scott Herren Will Continue To Serve As Senior VP, CFO And Principal Financial Officer
Friday, 14 Jun 2019 

June 13 (Reuters) - Autodesk Inc ::AUTODESK INC - SCOTT HERREN WILL CONTINUE TO SERVE AS COMPANY'S SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND PRINCIPAL FINANCIAL OFFICER.AUTODESK INC - ON JUNE 12, BOARD APPOINTED STEPHEN HOPE, CO'S CURRENT VICE PRESIDENT, CORPORATE CONTROLLER, AS PRINCIPAL ACCOUNTING OFFICER.  Full Article

Capgemini To Enter Into Alliance Partnership With Autodesk
Wednesday, 3 Apr 2019 

April 3 (Reuters) - CAPGEMINI SE ::TO ENTER INTO ALLIANCE PARTNERSHIP WITH AUTODESK FOR THE DEPLOYMENT OF A COMPREHENSIVE BIM PLATFORM.CAPGEMINI WILL ENTER INTO A NEW PARTNERSHIP AGREEMENT WITH AUTODESK.  Full Article

Autodesk Reports Fourth Quarter Results
Friday, 1 Mar 2019 

Feb 28 (Reuters) - Autodesk Inc ::AUTODESK REPORTS STRONG FOURTH QUARTER RESULTS LED BY ANNUALIZED RECURRING REVENUE (ARR).Q4 NON-GAAP EARNINGS PER SHARE $0.46.Q4 GAAP EARNINGS PER SHARE $0.29.Q4 EARNINGS PER SHARE ESTIMATE $0.42 -- REFINITIV IBES DATA.QTRLY TOTAL ARR WAS $2.75 BILLION, AN INCREASE OF 34 PERCENT COMPARED TO Q4 LAST YEAR AS REPORTED.QTRLY SUBSCRIPTION PLAN ARR WAS $2.20 BILLION, AN INCREASE OF 87 PERCENT COMPARED TO Q4 LAST YEAR AS REPORTED.SEES 2020 EPS NON-GAAP $2.71 - $2.90.QTRLY TOTAL SUBSCRIPTIONS INCREASED 252,000 FROM Q3 OF FISCAL 2019 TO 4.33 MILLION AT END OF Q4.SEES 2020 EPS GAAP $1.12 - $1.31.QTRLY DEFERRED REVENUE WAS $2.09 BILLION, AN INCREASE OF 7 PERCENT COMPARED TO Q4 LAST YEAR.SEES 2020 REVENUE $3,250 MILLION - $3,300 MILLION.QTRLY REVENUE WAS $737 MILLION, AN INCREASE OF 33 PERCENT COMPARED TO Q4 LAST YEAR AS REPORTED.SEES 2020 TOTAL ARR $3,500 MILLION - $3,550 MILLION.SEES 2020 BILLINGS $4,050 MILLION - $4,150 MILLION.SEES Q1 EPS NON-GAAP $0.44 - $0.48.SEES Q1 EPS GAAP $0.06 - $0.10.SEES Q1 REVENUE $735 MILLION - $745 MILLION.Q4 REVENUE VIEW $707.7 MILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE VIEW $0.56, REVENUE VIEW $725.3 MILLION -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $3.17, REVENUE VIEW $3.23 BILLION -- REFINITIV IBES DATA.  Full Article

Autodesk Inc - On Dec 17, Entered Term Loan Agreement For Delayed Draw Term Loan Facility In Amount Of $500 Million
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Autodesk Inc ::AUTODESK INC - ON DEC 17, ENTERED TERM LOAN AGREEMENT FOR DELAYED DRAW TERM LOAN FACILITY IN AMOUNT OF $500 MILLION.AUTODESK INC - ON DEC 17, ALSO ENTERED AMENDED AND RESTATED CREDIT AGREEMENT FOR UNSECURED REVOLVING LOAN FACILITY IN AMOUNT OF $650 MILLION.AUTODESK INC - CREDIT AGREEMENT REPLACED & TERMINATED EXISTING $400 MILLION AMENDED AND RESTATED CREDIT AGREEMENT DATED MAY 29, 2015.AUTODESK SAYS PROCEEDS OF REVOLVING LOANS UNDER CREDIT AGREEMENT MAY BE USED FOR WORKING CAPITAL, OTHERS - SEC FILING.AUTODESK INC - REVOLVING LOANS MAY BE BORROWED, REPAID AND REBORROWED UNTIL DEC 17, 2023.  Full Article

Autodesk To Acquire Buildingconnected, A Leading Construction Bid-Management Platform
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Autodesk Inc ::AUTODESK TO ACQUIRE BUILDINGCONNECTED, A LEADING CONSTRUCTION BID-MANAGEMENT PLATFORM.AUTODESK INC - DEAL FOR FOR $275 MILLION NET OF CASH ACQUIRED.AUTODESK INC - ACQUISITION WILL HAVE NO MATERIAL IMPACT ON AUTODESK'S Q4 AND FISCAL YEAR 2019 GUIDANCE.AUTODESK INC - FOR FISCAL YEAR 2020, AUTODESK EXPECTS AN IMMATERIAL REVENUE AND ANNUALIZED RECURRING REVENUE BENEFIT.AUTODESK INC - FOR FISCAL YEAR 2020. EXPECTS SLIGHTLY DILUTIVE IMPACT FROM DEAL TO PROFITABILITY AND CASH FLOW.AUTODESK INC - INCLUSIVE OF TRANSACTION, COMPANY IS MAINTAINING ITS FREE CASH FLOW GOAL FOR YEAR.  Full Article

Autodesk To Acquire PlanGrid
Wednesday, 21 Nov 2018 

Nov 20 (Reuters) - Autodesk Inc ::AUTODESK TO ACQUIRE PLANGRID TO ACCELERATE CONSTRUCTION PRODUCTIVITY.AUTODESK INC - DEAL FOR $875 MILLION NET OF CASH.AUTODESK INC - DEAL FOR FOR $875 MILLION.AUTODESK INC - HAS NOT INCLUDED ANY IMPACT IN ITS BUSINESS OUTLOOK FOR Q4 FROM DEAL.AUTODESK INC - COMPANY EXPECTS DEAL TO CONTRIBUTE SLIGHTLY TO REVENUE AND BE MODESTLY NEGATIVE FOR PROFITABILITY AND CASHFLOWS FOR QUARTER.AUTODESK INC - FOR FISCAL YEAR 2020, AUTODESK EXPECTS PLANGRID TO CONTRIBUTE APPROXIMATELY $100 MILLION IN ARR.AUTODESK INC - INCLUSIVE OF TRANSACTION, COMPANY IS MAINTAINING ITS FREE CASH FLOW GOAL FOR YEAR.AUTODESK INC - FOR FISCAL YEAR 2020, AUTODESK EXPECTS PLANGRID TO BE SLIGHTLY DILUTIVE TO PROFITABILITY AND CASH FLOW.  Full Article

Jana Partners LLC Takes Sole Share Stake In Microsoft, Alibaba Group
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Jana Partners LLC::JANA PARTNERS LLC TAKES SOLE SHARE STAKE IN ALIBABA GROUP HOLDING OF 439,479 SPONSORED ADS.JANA PARTNERS LLC TAKES SOLE SHARE STAKE IN MICROSOFT CORP OF 742,569 SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN AUTODESK INC BY 29.4 PERCENT TO 892,833 SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN FIRST DATA CORP BY 35.4 PERCENT TO 3.4 MILLION CLASS A COMMON SHARES - SEC FILING.JANA PARTNERS LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Autodesk Says Selling Stockholders May Offer & Resell Up To 340,769 Shares Of Co's Common Stock
Tuesday, 17 Jul 2018 

July 16 (Reuters) - Autodesk Inc ::AUTODESK SAYS SELLING STOCKHOLDERS MAY OFFER & RESELL UP TO 340,769 SHARES OF CO'S COMMON STOCK - SEC FILING.  Full Article

Autodesk, Citibank, Others Entered Letter Amendment No 2 To Amended And Restated Credit Agreement
Saturday, 30 Jun 2018 

June 29 (Reuters) - Autodesk Inc ::AUTODESK SAYS ON JUNE 27 CO, CITIBANK, OTHERS ENTERED LETTER AMENDMENT NO 2 TO AMENDED AND RESTATED CREDIT AGREEMENT DATED MAY 29, 2015 - SEC FILING.AUTODESK INC - UNDER TERMS MINIMUM INTEREST COVERAGE RATIO WILL NOT APPLY FOR FISCAL QTRS ENDING JULY 31 AND OCTOBER 31.AUTODESK - UNDER TERMS MINIMUM INTEREST COVERAGE RATIO OF 2.50 TO 1.00 WILL APPLY FOR FISCAL QUARTER ENDING JANUARY 31, 2019.AUTODESK INC - UNDER TERMS MINIMUM INTEREST COVERAGE RATIO OF 3.00 TO 1.00 WILL APPLY FOR FISCAL QUARTER ENDING APRIL 30, 2019 AND THEREAFTER.AUTODESK - AMENDMENT ALSO EXTENDS APPLICATION OF FIXED CHARGE COVERAGE RATIO OF GREATER THAN 1.00 TO 1.00 THROUGH FISCAL QUARTER ENDED OCTOBER 31.  Full Article