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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 Reports Q1 GAAP Loss Per Share Of $0.11
Friday, 24 May 2019 

May 23 (Reuters) - Autodesk Inc ::AUTODESK, INC. ANNOUNCES FISCAL 2020 FIRST QUARTER RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $0.45.Q1 GAAP LOSS PER SHARE $0.11.Q1 EARNINGS PER SHARE ESTIMATE $0.47 -- REFINITIV IBES DATA.Q1 REVENUE $735 MILLION VERSUS REFINITIV IBES ESTIMATE OF $740.1 MILLION.QTRLY TOTAL ARR INCREASED 33 PERCENT TO $2.83 BILLION.QTRLY SUBSCRIPTION PLAN ARR INCREASED 70 PERCENT TO $2.38 BILLION AS REPORTED.QTRLY SUBSCRIPTION PLAN ARR INCREASED 70 PERCENT TO $2.38 BILLION AS REPORTED, AND 69 PERCENT ON A CONSTANT CURRENCY BASIS.QTRLY BILLINGS WERE $798 MILLION; ADJUSTING FOR ADOPTION OF ASC 606, BILLINGS INCREASED 40 PERCENT..SEES Q2 REVENUE $782 MILLION - $792 MILLION.QTRLY DEFERRED REVENUE INCREASED 19 PERCENT TO $2.15 BILLION.SEES Q2 GAAP EPS $0.13 - $0.17.QTRLY UNBILLED DEFERRED REVENUE AT END OF Q1 WAS $589 MILLION.SEES Q2 NON-GAAP EPS $0.59 - $0.63.Q2 EARNINGS PER SHARE VIEW $0.62, REVENUE VIEW $788.5 MILLION -- REFINITIV IBES DATA.SEES 2020 NON-GAAP EPS $2.71 - $2.90.FY2020 EARNINGS PER SHARE VIEW $2.83, REVENUE VIEW $3.28 BILLION -- REFINITIV IBES DATA.SEES 2020 GAAP EPS $0.83 - $1.02.SEES 2020 BILLINGS $4,050 MILLION - $4,150 MILLION.SEES 2020 REVENUE $3,250 MILLION - $3,300 MILLION.SEES 2020 TOTAL ARR $3,500 MILLION - $3,550 MILLION.ON TRACK TO ACHIEVE FISCAL 2020 ARR AND FREE CASH FLOW GUIDANCE, ARE REAFFIRMING FISCAL 2023 TARGETS.  Full Article

Autodesk Reaffirms Q1 And Fiscal Year 2020 Outlook At Annual Investor Day
Thursday, 28 Mar 2019 

March 28 (Reuters) - Autodesk Inc ::AUTODESK REAFFIRMS FIRST QUARTER AND FISCAL YEAR 2020 OUTLOOK AT ANNUAL INVESTOR DAY.Q1 EARNINGS PER SHARE VIEW $0.47, REVENUE VIEW $740.3 MILLION -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $2.84, REVENUE VIEW $3.28 BILLION -- REFINITIV IBES DATA.  Full Article

Jana Partners Cuts Sole Share Stake In Boston Scientific, Autodesk
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Jana Partners LLC::JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN BOSTON SCIENTIFIC CORP BY 37.1 PERCENT TO ABOUT 2 MILLION SHARES.JANA PARTNERS LLC CUTS SOLE SHARE STAKE IN AUTODESK INC BY 58.9 PERCENT TO 366,830 SHARES.JANA PARTNERS LLC - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2018.  Full Article

Autodesk Acquires Assemble Systems
Monday, 9 Jul 2018 

July 9 (Reuters) - Autodesk Inc ::AUTODESK ACQUIRES ASSEMBLE SYSTEMS TO STRENGTHEN BUILDING PROJECT LIFECYCLE; CONTINUES AUTODESK'S INVESTMENT IN CONSTRUCTION TECH.AUTODESK ACQUIRES ASSEMBLE SYSTEMS TO STRENGTHEN BUILDING PROJECT LIFECYCLE; CONTINUES AUTODESK'S INVESTMENT IN CONSTRUCTION TECH.AUTODESK INC - TRANSACTION IS EXPECTED TO HAVE NO IMPACT ON AUTODESK'S GUIDANCE ISSUED ON MAY 24.AUTODESK INC - SPECIFIC TERMS OF TRANSACTION WERE NOT DISCLOSED.AUTODESK INC - USED A COMBINATION OF CASH AND STOCK TO FINANCE TRANSACTION.AUTODESK INC - COMMITTED TO OFFSETTING SHARES ISSUED FOR TRANSACTION WITHIN CURRENT QUARTER THROUGH ITS ONGOING STOCK REPURCHASE PROGRAM.  Full Article

Tiger Global Management Cuts Share Stake In Alibaba Group Holding, Comcast
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Tiger Global Management::TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN AUTODESK INC BY 76.8 PERCENT TO 2.2 MILLION SHARES.TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN ALIBABA GROUP HOLDING LTD BY 16.2 PERCENT TO 3.8 MILLION ADS.TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN COMCAST CORP BY 30.8 PERCENT TO 5.0 MILLION CLASS A SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN RESTAURANT BRANDS INTERNATIONAL INC BY 24.0 PERCENT TO 1.9 MILLION SHARES.TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN SERVICENOW INC BY 55.5 PERCENT TO 826,300 SHARES.TIGER GLOBAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF DEC 31, 2017 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPT 30, 2017.  Full Article

Autodesk Posts Q3 Gaap Loss Per Share $0.55
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Autodesk Inc ::Q3 NON-GAAP LOSS PER SHARE $0.12.Q3 GAAP LOSS PER SHARE $0.55.Q3 REVENUE $515 MILLION VERSUS I/B/E/S VIEW $513.5 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.13 -- THOMSON REUTERS I/B/E/S.- COMPANY ANNOUNCES RESTRUCTURING PLAN TO FOCUS ON STRATEGIC PRIORITIES.- "NEED TO RE-BALANCE INVESTMENTS ... THIS INCLUDES DIVESTING FROM SOME AREAS AND INCREASING OUR INVESTMENT IN OTHERS".SEES ‍Q4 REVENUE $537 MILLION - $547 MILLION ​.- RESTRUCTURING NOT A COST REDUCTION ACTIVITY.- ‍THROUGH RESTRUCTURING, AUTODESK SEEKS TO STREAMLINE ORGANIZATION AND RE-BALANCE RESOURCES TO BETTER ALIGN WITH COMPANY'S PRIORITIES​.SEES ‍Q4 GAAP LOSS PER SHARE $1.18 - $1.11​.- ‍$91 MILLION TO $100 MILLION IN PRE-TAX RESTRUCTURING CHARGE​ WILL BE TAKEN IN Q4 2018.- MAINTAINING COMMITMENT TO KEEP TOTAL NON-GAAP SPEND FLAT THIS YEAR AND NEXT.SEES ‍Q4 NON-GAAP LOSS PER SHARE $0.14 - $0.10​.Q4 EARNINGS PER SHARE VIEW $-0.14, REVENUE VIEW $544.8 MILLION -- THOMSON REUTERS I/B/E/S.- ‍ REMAINING PRE-TAX RESTRUCTURING CHARGE APART FROM $91 MILLION TO $100 MILLION TO BE TAKEN IN Q4 WILL BE TAKEN IN FISCAL 2019​.- ‍ANTICIPATES TAKING PRE-TAX RESTRUCTURING CHARGE IN RANGE OF $135 MILLION TO $149 MILLION​.- Q3 TOTAL ANNUALIZED RECURRING REVENUE WAS $1.90 BILLION, AN INCREASE OF 24 PERCENT.- ‍SUBSCRIPTION PLAN SUBSCRIPTIONS INCREASED 307,000 FROM Q2 OF FISCAL 2018 TO 1.9 MILLION AT END OF Q3​.- ‍ TOTAL SUBSCRIPTIONS INCREASED 146,000 FROM Q2 OF FISCAL 2018 TO 3.6 MILLION AT END OF Q3​.  Full Article

Tiger Global Management takes share stake in Redfin, Weibo, Autodesk
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Tiger Global Management::Takes share stake of 7.7 million shares in Redfin Corp - SEC filing.Takes share stake of 910,000 sponsored ADRS in Weibo Corp.Takes share stake of 1.2 million shares in Autodesk.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Autodesk Q2 GAAP loss/share $0.66
Friday, 25 Aug 2017 

Aug 24 (Reuters) - Autodesk Inc ::Autodesk Inc sees ‍Q3 GAAP loss per share $0.58 - $0.64​.Autodesk Inc sees Q3 Non-GAAP loss per share ‍$0.12 - $0.16​.Subscription strength highlights autodesk second quarter results.Q2 Non-GAAP loss per share $0.11.Q2 GAAP loss per share $0.66.Q2 revenue $502 million versus I/B/E/S view $494.2 million.Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.Says subscription plan subscriptions increased 270,000 from Q1 of fiscal 2018 to 1.59 million at end of Q2.Sees FY 18 ‍revenue $2,030 million - $2,050​ million.Sees Q3 ‍revenue $505 million to $515​ million.Sees ‍FY 2018 loss per share $2.55 - $2.44; sees FY 18 adjusted loss per share $0.61 - $0.54​.Sees ‍FY 2018 net subscription additions 625,000 to 675,000​.Says total subscriptions increased 153,000 from Q1 of fiscal 2018 to 3.44 million at end of Q2.  Full Article