News

Autodesk net income up 170%

Autodesk reported this week that revenue was up 11% in the first quarter of fiscal 2012, compared to the same quarter a year earlier, and net income was up 170% from a year earlier. Revenue was $528 million for 1Q12 (ended April 30, 2011), up 11%. Net income was $99.7 million, up 170% from $36.9 million a year ago. This ...

Robert Dow

Autodesk reported this week that revenue was up 11% in the first quarter of fiscal 2012, compared to the same quarter a year earlier, and net income was up 170% from a year earlier. Revenue was $528 million for 1Q12 (ended April 30, 2011), up 11%. Net income was $99.7 million, up 170% from $36.9 million a year ago. This is Autodesk’s highest quarterly net income since 2Q09. Read more on Autodesk’s financials here.