Autodesk (ADSK): Q1 EPS of $0.47 in-line. Revenue of $589M (+11% Y/Y) beats by $3M.
Autodesk's FQ1: Though results weren't bad, the CAD software giant is guiding for FQ2 revenue of $580M-$600M and EPS of $0.46-$0.51, largely below a consensus of $600.7M and $0.51. Also, guidance for FY13 revenue growth of 10% is slightly below a 10.4% consensus, and below a long-term target of 12%-14%. FQ1 deferred revenue rose 1% Q/Q and 17% Y/Y to $727M. Americas revenue +14% Y/Y, Asia +19%, EMEA +4%. ADSK -7% AH
Autodesk's FQ1: Though results weren't bad, the CAD software giant is guiding for FQ2 revenue of $580M-$600M and EPS of $0.46-$0.51, largely below a consensus of $600.7M and $0.51. Also, guidance for FY13 revenue growth of 10% is slightly below a 10.4% consensus, and below a long-term target of 12%-14%. FQ1 deferred revenue rose 1% Q/Q and 17% Y/Y to $727M. Americas revenue +14% Y/Y, Asia +19%, EMEA +4%. ADSK -7% AH
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