Autodesk, Inc. Provides Earnings Guidance for the First Quarter Ending April 30, 2022 and Year Ending January 31, 2023
February 24, 2022 at 04:03 pm EST
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Autodesk, Inc. provided earnings guidance for the first quarter ending April 30, 2022 and year ending January 31, 2023. For the quarter, the company expects revenue of $1,145 million to $1,160 million and EPS GAAP of $0.66 - $0.72.
For the year, the company expects revenue of $5,020 million to $5,120 million, up 14% - 17% and EPS GAAP of $3.74 - $4.11.
Autodesk, Inc. is one of the world's leading producers of digital design and layout software for PC and the Internet. Net sales break down by family of products and services primarily as follows:
- design software programmes (92.8%): construction and civil engineering software (49% of net sales; software for modeling architectural plans, optimizing cartographic data, compiling digital drawings, topographic reliefs, etc.), platform technologies (29.9%; for automating design, management and sharing of documents, etc.), 2D and 3D mechanical design software (21.1%). Moreover, the group offers consulting, assistance, and training services;
- visualization and animation software programmes (5.8%): primarily intended for the media sector;
- other (1.4%).
Net sales break down by activity into subscription sales (92.9%), maintenance services (1.3%) and other (5.8%).
Net sales are distributed geographically as follows: the United States (34.4%), Americas (7.4%), Europe/Middle East/Africa (38.1%) and Asia/Pacific (20.1%).
AUTODESK, INC. 
