Autodesk: Q1 EPS up over 8%
(CercleFinance.com) - On Thursday evening Autodesk reported Q1 non-GAAP EPS of $1.
55, up 8.4% y-o-y, despite a non-GAAP operating margin of 32%, down 2%.
At the top end of its latest target range, the software publisher's sales rose 8% to $1.27bn (+12% at constant exchange rates), with recurring revenues accounting for 98% of the total.
With normal seasonality and a solid portfolio of renewed agreements, the groups says it remains on track to achieve its financial targets for the full year.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
55, up 8.4% y-o-y, despite a non-GAAP operating margin of 32%, down 2%.
At the top end of its latest target range, the software publisher's sales rose 8% to $1.27bn (+12% at constant exchange rates), with recurring revenues accounting for 98% of the total.
With normal seasonality and a solid portfolio of renewed agreements, the groups says it remains on track to achieve its financial targets for the full year.
Copyright (c) 2023 CercleFinance.com. All rights reserved.