Categories AlphaGraphs, Earnings, Technology

Autodesk, Inc. Q4 2018 earnings snapshot

Software and services company Autodesk (ADSK) reported a 15.6% increase in revenue for fourth quarter 2018, driven by ARR growth and double digit revenue growth from all geographies. Subscription plan Annualized Recurring Revenue (ARR) surpassed maintenance plan for the first time, in-line with the company’s projections.

Subscription plan ARR was $1.18 billion, which more than doubled year-over-year on a reported basis and on a constant currency basis. Total ARR for the fourth quarter increased 25% to $2.05 billion.

Outlook

For first quarter 2019, the company expects revenue in the range of $565-575 million, GAAP loss per share of $0.34-0.31 and non-GAAP EPS of $0.11-0.14 under accounting standard ASC 605. Under accounting standard ASC 606, Autodesk expects revenue in the range of $550-560 million, GAAP loss per share of $0.44-0.41 and non-GAAP EPS of $0.01-0.04.

For fiscal year 2019, under accounting standard ASC 605, Autodesk expects revenue in the range of $2.49-2.54 billion, with adjusted loss per share expected in the range of $0.92-1.10 and reported loss per share in the range of $0.77-0.59.

Autodesk earnings Q4 2017

Most Popular

AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results

Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared

Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million

Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?

With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top