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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 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 loss per share $0.44
Friday, 26 Aug 2016 

Autodesk Inc: Autodesk reports strong second quarter results . Q2 non-GAAP earnings per share $0.05 . Q2 revenue $551 million versus I/B/E/S view $512.1 million . Q2 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S . Qtrly loss per share $0.44 . Total subscriptions increased 109,000 from Q1 of fiscal 2017 to 2.82 million at end of Q2 . Sees Q3 revenue $470 million - $485 million . Sees Q3 GAAP loss per share $0.81 - $0.74 . Sees Q3 fiscal 2017 non GAAP loss per share $0.22 to $0.27 . Sees FY non-GAAP loss per share $0.70 - $0.55 . Sees FY net subscription additions 475,000 to 525,000 . Sees FY revenue $2,000 million to $2,050 million . Q3 earnings per share view $-0.28, revenue view $468.4 million -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $-0.82, revenue view $1.99 billion -- Thomson Reuters I/B/E/S.  Full Article

Bimobject appointed exclusive reseller for Autodesk in North America and Europe
Friday, 20 May 2016 

Bimobject AB :Autodesk has appointed BIMobject its exclusive reseller in North America and Europe for new subscriptions of Autodesk Seek.  Full Article

Autodesk Q1 adjusted loss per share $0.10
Friday, 20 May 2016 

Autodesk Inc Sees 2017 Revenue $1,950 Mln : Total subscriptions increased 132,000 from q4 of fiscal 2016 to 2.71 million at end of q1 . Sees q2 revenue $500 million - $520 million . Qtrly total annualized recurring revenue (arr) was $1.44 billion, an increase of 9 percent compared to q1 last year . Sees 2017 non-gaap loss per share $0.95 to $0.70 . Sees q2 gaap loss per share $0.73 - $0.63 . Sees 2017 gaap loss per share $3.25 - $2.87 . Sees fy net subscription additions of 475,000 - 525,000 . Sees q2 non-gaap loss per share $0.18 - $0.11 . $2,050 million . Fy2017 earnings per share view $-0.71, revenue view $1.99 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $-0.07, revenue view $542.1 million -- Thomson Reuters I/B/E/S . Autodesk first quarter results driven by strong subscription additions . Q1 non-gaap loss per share $0.10 . Q1 revenue $512 million versus i/b/e/s view $513 million . Q1 earnings per share view $-0.14 -- Thomson Reuters I/B/E/S .Q1 gaap loss per share $0.77.  Full Article

Autodesk Inc to cut 10 pct of workforce - Reuters
Wednesday, 3 Feb 2016 

Autodesk Inc:AutoCAD software maker Autodesk Inc said it would cut about 925 jobs, or 10 percent of its workforce, in the near term as part of a restructuring plan to accelerate transition to its cloud business. - RTRS.The company said it anticipated pre-tax charges of $85 million-$95 million related to the restructuring - RTRS.  Full Article

Autodesk, Inc sees Q4 2016 revenue and non-GAAP EPS guidance to be at the high end or exceed prior range
Wednesday, 3 Feb 2016 

Autodesk, Inc:Expects to be at the high end or exceed its guidance ranges for billings, revenue, non-GAAP EPS, and net subscription additions for Q4 2016.  Full Article

BRIEF-Autodesk Posts Q3 Gaap Loss Per Share $0.55

* Q3 EARNINGS PER SHARE VIEW $-0.13 -- THOMSON REUTERS I/B/E/S