Autodesk Inc. (ADSK) revealed earnings for its second quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $186 million, or $0.85 per share. This compares with $115 million, or $0.52 per share, in last year's second quarter.
Excluding items, Autodesk Inc. reported adjusted earnings of $1.65 per share for the period.
Analysts on average had expected the company to earn $1.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.0% to $1.24 billion from $1.06 billion last year.
Autodesk Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $186 Mln. vs. $115 Mln. last year.
-EPS (Q2): $0.85 vs. $0.52 last year.
-Analyst Estimate: $1.57
-Revenue (Q2): $1.24 Bln vs. $1.06 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.66 - $1.72
Next quarter revenue guidance: $1,275 - $1,290 Mln
Full year EPS guidance: $6.52 - $6.71
Full year revenue guidance: $4,985 - $5,035 Mln
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