Autodesk, Inc. ADSK reported financial results Thursday for the third quarter of fiscal 2015. Revenue was $618 million, above estimates of $601.88 million, an increase of 11 percent, compared to the third quarter last year as reported and and increase of 12 percent on a constant currency basis.
Non-GAAP diluted earnings per share were $0.25, above estimates of $0.22 and below the $0.41 reported in the third quarter last year.
Total billings increased 25 percent, compared to the third quarter last year.
"Strong billings and revenue growth was driven by strength in several areas including suites, our Architecture, Engineering and Construction (AEC) and Manufacturing business segments, large deal activity, and double-digit growth in all three of our major geographies on a constant currency basis," said Carl Bass, Autodesk president and CEO.
The company guided the fourth quarter to $640-$655 million in revenue with EPS Non-GAAP at $0.22-$0.25.
Full fiscal 2015 guidance included EPS Non-GAAP of $1.15-$1.18.
Autodesk traded at $60.10 in the after-hours session, up 2.89 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
