Autodesk: Q3 EPS exceeds expectations
(CercleFinance.com) - On Tuesday evening, Autodesk unveiled adjusted Q3 EPS that increased 2.
7 times to 78 cents, beating the consensus by five cents, with a 13-point jump in its adjusted operating margin to 27%.
The multinational software corporation's revenues increased by 28% to 843 million dollars (both as reported and at constant exchange rates), of which 96% of revenue is recurrent, a proportion that is stable over one year.
The group based in San Rafael (California) expects full-year EPS of between 2.74 dollars and 2.79 dollars, with revenues between 3,405 million and 3,445 million dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
7 times to 78 cents, beating the consensus by five cents, with a 13-point jump in its adjusted operating margin to 27%.
The multinational software corporation's revenues increased by 28% to 843 million dollars (both as reported and at constant exchange rates), of which 96% of revenue is recurrent, a proportion that is stable over one year.
The group based in San Rafael (California) expects full-year EPS of between 2.74 dollars and 2.79 dollars, with revenues between 3,405 million and 3,445 million dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.