$ADSK (Autodesk Inc)

$ADSK {{ '2016-08-25T22:04:22+0000' | timeago}} • Webcast

Jay Vleeschhouwer of Griffin Securities asks about pricing. $ADSK said it wanted to rationalize the three different price points of AutoCAD LT, AutoCAD and the AutoCAD verticals. $ADSK believes with the right pricing it can move more LT customers to AutoCAD and AutoCAD customers to the vertical. This is part of a pricing optimization strategy.

$ADSK {{ '2017-08-25T15:03:24+0000' | timeago}} • Webcast

$ADSK stated that in terms of the number of maintenance agreements that come due in 2H18, the company sees a bigger 2H versus 1H. $ADSK believes there will be slightly more opportunities for conversion in 2H18 compared to 1H18.

$ADSK {{ '2017-08-25T14:30:52+0000' | timeago}} • Webcast

$ADSK's total direct revenue for 2Q18 was 29% of total revenue, up from 25% in 2Q17. $ADSK is generating strong growth in the volume of business with large enterprise customers and it is seeing good growth with its e-store. Over 30% of North American product subscriptions have been generated through the e-store.

$ADSK {{ '2017-08-24T21:56:11+0000' | timeago}} • Infographic

$ADSK Autodesk, Inc. Earnings AlphaGraphic: Q2 2018 Highlights

$ADSK {{ '2017-08-24T20:36:51+0000' | timeago}} • Announcement

$ADSK's total annualized recurring revenue (ARR) for 2Q18 increased 21% to $1.83Bil compared to 2Q17 as reported, and 23% on a constant currency basis. Subscription plan ARR was $784MM and grew 94% as reported, and 98% constant currency. Maintenance plan ARR was $1.05Bil and fell 5% as reported, and on a constant currency basis, versus 2Q17.

$ADSK {{ '2017-08-24T20:32:20+0000' | timeago}} • Announcement

For 3Q18, $ADSK expects revenue to be $505-515MM. GAAP loss per share is expected to be $0.64-0.58 and adjusted loss per share is expected to be $0.16-0.12 in 3Q18. For FY18, revenue is expected to be $2.03-2.05Bil. $ADSK expects GAAP loss per share to be $2.55-2.44 and adjusted loss per share to be $0.61-0.54 in FY18.

$ADSK {{ '2017-08-24T20:24:39+0000' | timeago}} • Announcement

$ADSK reported a net loss of $144MM or $0.66 per share in 2Q18 compared to a net loss of $98.2MM or $0.44 per share in 2Q17. Revenue was $502MM, a decrease of 9% compared to 2Q17 as reported, and 8% on a constant currency basis.

$ADSK {{ '2017-06-20T11:10:35+0000' | timeago}} • Announcement

$ADSK's BoD has appointed Andrew Anagnost, current interim co-CEO and CMO, as its new president and CEO, effective immediately. He will also join the company's BoD. Anagnost's appointment follows the February 2017 resignation of former president and CEO, Carl Bass, and a comprehensive search process conducted by the board over the last four months.

$ADSK {{ '2017-06-06T18:01:59+0000' | timeago}} • Announcement

$ADSK announced the pricing of its notes in an aggregate principal amount of $500MM in an underwritten, registered public offering. The notes will mature on June 15, 2027 and will bear interest at an annual rate of 3.500%. The notes are Autodesk's senior unsecured obligations.  The offering is expected to close on June 8, 2017.

$ADSK {{ '2017-05-18T22:10:25+0000' | timeago}} • Webcast

On the product front, $ADSK said AutoCAD and AutoCAD LT grew YoY in 1Q18, driven by the strong contribution from APAC region. The company is seeing very strong uptick for both AutoCAD and AutoCAD in terms of product subscription.

$ADSK {{ '2017-05-18T22:04:39+0000' | timeago}} • Webcast

For 1Q18, $ADSK saw a YoY growth of over 170% in product subscriptions. The strength in product subscription was broad based with triple digit growth across all geographies and very strong growth in emerging markets, said the company. Additionally, new customers represented about a third of new product subscriptions for the quarter.

$ADSK {{ '2017-05-18T22:02:53+0000' | timeago}} • Webcast

$ADSK said it is off to a good start to the new fiscal year with broad based strength across all subscription types and geographies. For 1Q18, the company added 186,000 total subscriptions, total ARR grew 20% at constant currency, and recurring revenue jumped to 90% of total revenue.

$ADSK {{ '2017-05-18T20:41:09+0000' | timeago}} • Infographic

$ADSK Autodesk, Inc.  Earnings AlphaGraphics: Q1 2018 highlights

$ADSK {{ '2017-05-18T20:22:47+0000' | timeago}} • Announcement

$ADSK expects 2Q18 revenue of $488-500MM, loss per share of $0.66-0.60 and non-GAAP loss per share of $0.18-0.14. For FY18, $ADSK predicts revenue of $2.0-2.05Bil, loss per share of $2.61-2.35 and non-GAAP loss per share of $0.73-0.56.

$ADSK {{ '2017-05-18T20:22:36+0000' | timeago}} • Announcement

$ADSK's subscription plan (formerly known as new model) subscriptions increased 233,000 from last quarter to 1.32MM at the end of 1Q18. Maintenance plan subscriptions were 1.97MM, a net decrease of 47,000 from 4Q17. Total subscriptions grew 186,000 to 3.29MM.

$ADSK {{ '2017-05-18T20:22:20+0000' | timeago}} • Announcement

$ADSK reported a narrower loss in 1Q18 driven by lower costs and expenses, despite a decline in revenue. Net loss narrowed to $129.6MM or $0.59 per share from $167.7MM or $0.75 per share last year. Revenue dropped to $485.7MM from $511.9MM. Non-GAAP loss per share widened to $0.16 from $0.10.

$ADSK {{ '2017-03-02T23:19:43+0000' | timeago}} • Webcast

$ADSK saw growth in new customer acquisition in cloud products. The company made penetration into construction and manufacturing and saw growing momentum in these areas. In 4Q17, a third of the new model subscriptions were new to the company.

$ADSK {{ '2017-03-02T23:08:04+0000' | timeago}} • Webcast

$ADSK said 4Q and 1Q are the biggest quarters for enterprise subscription adds. The company sells the most EBAs in 4Q and they come online throughout the quarter and it is able to catch up in 1Q. Product subscriptions were the leading driver of the growth in new model subscription additions during 4Q17. Cloud was strong albeit from a smaller base.

$ADSK {{ '2017-03-02T22:44:38+0000' | timeago}} • Webcast

$ADSK saw strength across the board on all types of subscriptions. Product subscriptions were very strong. The company is seeing a lot of growth from its new cloud-based offerings. $ADSK expects this momentum to carry into FY18.

$ADSK {{ '2017-03-02T22:32:56+0000' | timeago}} • Webcast

For 4Q17, $ADSK’s total direct revenue represented 32% of total revenues, up from 23% in 4Q16. Total deferred revenue grew 18% to $1.79Bil compared to 4Q16. Total GAAP spend was $646MM, a decrease of 2% compared to 4Q16.

$ADSK {{ '2017-03-02T22:16:37+0000' | timeago}} • Webcast

In 4Q17, $ADSK’s new model ARR grew 109% at constant currency. Recurring revenue grew to 84% of total revenue and the company is beginning to see meaningful volume in its cloud services. $ADSK added 154,000 net subscriptions bringing the total additions for FY17 to 530,000. Total subscriptions at FY17-end were 3.11MM, up 21%.

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