Autodesk: raises full-year guidance

(CercleFinance.com) - On Wednesday evening Autodesk said that it now expects FY adjusted EPS of 4.
91 to 5.06 dollars, and an adjusted operating margin of about 31%, on revenue of 4,875 million to 4,975 million dollars, up 18%-20%.

The enterprise software company reported adjusted Q2 EPS growth of 23% to 1.21 dollar, with an adjusted operating margin that improved by two percentage points to 31% on revenues that are up 16% to 1.06 billion dollars (+14% at constant exchange rates).

Unsure what the market's reaction will be though... the share is down over 7% in pre-market trading today.


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