Autodesk, Inc. Announces Fiscal 2020 First Quarter Results

About Autodesk

Autodesk makes software for people who make things. If you've ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you've experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information visit autodesk.com or follow @autodesk.

Autodesk, AutoCAD, AutoCAD LT, BIM 360 and Fusion 360 are registered trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and service offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.

© 2019 Autodesk, Inc. All rights reserved.

 

Autodesk, Inc.




Condensed Consolidated Statements of Operations

(In millions, except per share data)









Three Months Ended April 30,


2019


2018


(Unaudited)

Net revenue:




Subscription

$

595.8



$

350.4


Maintenance

112.0



181.2


    Total subscription and maintenance revenue

707.8



531.6


Other

27.7



28.3


    Total net revenue

735.5



559.9


Cost of revenue:




Cost of subscription and maintenance revenue

59.7



50.4


Cost of other revenue

13.8



12.8


Amortization of developed technology

9.2



3.6


   Total cost of revenue

82.7



66.8


Gross profit

652.8



493.1


Operating expenses:




Marketing and sales

313.3



276.4


Research and development

205.6



172.8


General and administrative

99.1



72.9


Amortization of purchased intangibles

9.8



3.8


Restructuring and other exit costs, net

0.2



22.5


Total operating expenses

628.0



548.4


Income (loss) from operations

24.8



(55.3)


Interest and other expense, net

(16.2)



(8.5)


Income (loss) before income taxes

8.6



(63.8)


Provision for income taxes

(32.8)



(18.6)


Net loss

$

(24.2)



$

(82.4)


Basic net loss per share

$

(0.11)



$

(0.38)


Diluted net loss per share

$

(0.11)



$

(0.38)


Weighted average shares used in computing basic net loss per share

219.6



218.6


Weighted average shares used in computing diluted net loss per share

219.6



218.6



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



Review Article Be the first to review this article



© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise