Monday, 16 January 2012
Autodesk Bested Q3 Estimates, Rose 15.1% YoY (ADSK)
Autodesk (NASDAQ:ADSK)reported Q3 EPS of $0.44, better than analyst estimates of $0.41 per share. Revenues for the quarter rose 15.1% year-over-year to $548.60 million, topping consensus estimates of $547.27 million. Carl Bass, Autodesk president and CEO said, "Our business grew 15% in the third quarter as more and more people turned to Autodesk to help solve their most pressing design and engineering challenges. Our strong revenue gains coupled with continued cost controls resulted in
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