Autodesk: Q3 adjusted EPS up one third
(CercleFinance.com) - On Tuesday evening Autodesk unveiled Q3 adjusted EPS that is up one third to 1.
04 dollar, exceeding expectations, with a 3-point improvement in its adjusted operating margin to 30%.
The corporate software publisher saw its sales increase by 13% to 952 million dollars (+14% at constant exchange rates). For the current quarter, it expects adjusted EPS of 1.04-1.10 dollar, with sales of between 999-1,014 million dollars.
In addition, Autodesk has announced the completion of its acquisition of Norway's Spacemaker for 240 million dollars, net of cash, which is its 13th investment in design and building solutions providers in the last three years.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
04 dollar, exceeding expectations, with a 3-point improvement in its adjusted operating margin to 30%.
The corporate software publisher saw its sales increase by 13% to 952 million dollars (+14% at constant exchange rates). For the current quarter, it expects adjusted EPS of 1.04-1.10 dollar, with sales of between 999-1,014 million dollars.
In addition, Autodesk has announced the completion of its acquisition of Norway's Spacemaker for 240 million dollars, net of cash, which is its 13th investment in design and building solutions providers in the last three years.
Copyright (c) 2020 CercleFinance.com. All rights reserved.