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Autodesk (ADSK) Q1 Earnings Miss Estimates, Revenues Up Y/Y
Autodesk ADSK reported first-quarter fiscal 2020 non-GAAP earnings of 45 cents per share that missed the Zacks Consensus Estimate by a couple of cents. However, the figure was much better than earnings of 6 cents posted in the year-ago quarter.
Revenues of $735.5 million lagged the Zacks Consensus Estimate of $741 million but increased 31.4% year over year. At constant currency (cc), revenues grew 30%.
Recurring revenues represented 96% of Autodesk’s first-quarter fiscal 2020 revenues compared with 95% in the year-ago quarter.
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https://finance.yahoo.com/news/autodesk-...12639.html
![[Bild: ADSKc1dl1646.png]](https://finviz.com/publish/052419/ADSKc1dl1646.png)
Autodesk ADSK reported first-quarter fiscal 2020 non-GAAP earnings of 45 cents per share that missed the Zacks Consensus Estimate by a couple of cents. However, the figure was much better than earnings of 6 cents posted in the year-ago quarter.
Revenues of $735.5 million lagged the Zacks Consensus Estimate of $741 million but increased 31.4% year over year. At constant currency (cc), revenues grew 30%.
Recurring revenues represented 96% of Autodesk’s first-quarter fiscal 2020 revenues compared with 95% in the year-ago quarter.
...
https://finance.yahoo.com/news/autodesk-...12639.html
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