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ADSK

Autodesk, Inc.

5/24/2013, 4:24 AM ET

Quote & Headlines Market Currents StockTalk

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Sunday, May 19, 2:09 PM Autodesk (ADSK) is acquiring Tinkercad, a developer of low-cost, web-based, 3D modeling and simulation tools. In tandem with the deal, Autodesk says it will revive Tinkercad's modeling service, which the startup recently said it would discontinue to focus on its supercomputer-powered Airstone simulation environment. Tinkercad's offerings will be added to Autodesk's 123D family of hobbyist-focused 3D design products, which now includes iPad apps. Terms are undisclosed. (other acquisitions: Firehole Composites, PI-VR, Qontext, Inforbix, Socialcam) Comment! [Tech, M&A]
Friday, May 17, 9:10 AM Premarket gainers: MHGC +20%. NBG +19%. JRCC +8%. HALO +6%. RKUS +5%.
Losers: ARUN -27%. ADSK -7%. Comment! [On the Move]
Thursday, May 16, 5:41 PM After-hours top gainers, as of 5:15 p.m.: SINA +4.7%. EA +2.7%. NBG +2.5%. AKAM +2.4%. DYAX +2.4%.
After-hours top losers: ARUN -13.7%. ADSK -5.2%. BRCD -4.9%. JWN -3.5%. EGLE -2.4%. Comment! [On the Move]
Thursday, May 16, 4:46 PM More on Autodesk: Company blames a "mixed global economy" and a "weak April" for FQ1 miss. FQ2 guidance is for revenue of $550M-$570M and EPS $0.39-$0.44, below a consensus of $597.5M and $0.51. Revenue now expected to grow ~3% in FY14 (ends Jan. '14), below a 5.9% consensus. Deferred revenue +3% Q/Q and +17% Y/Y to $861M. EMEA -4% Y/Y, worse than FQ4's -2%. Asia-Pac -3%, much worse than FQ4's +11%. Americas -3% vs. -2%. Two product weak spots: Platform Solutions & Emerging Business -6%, Media & Entertainment -8%. Construction +4%, manufacturing -4%. $129M in buybacks. ADSK -7.3% AH. CC at 5PM ET (webcast). (PR) (prepared remarks - .pdf) Comment! [Tech, Earnings]
Thursday, May 16, 4:04 PM Autodesk (ADSK): Q1 EPS of $0.42 misses by $0.03. Revenue of $570M (-3% Y/Y) misses by $13.4M. Shares -8.9% AH. (PR) Comment! [Earnings, Breaking News, Tech, Consumer]
Thursday, May 16, 12:10 AM Notable earnings after Thursday’s close: ADSK, AMAT, ARUN, BRCD, DELL, JCP, JWN, SINA, VNET Comment! [Earnings]
Wednesday, May 15, 5:35 PM Notable earnings after Thursday’s close: ADSK, AMAT, ARUN, BRCD, DELL, JCP, JWN, SINA, VNET Comment! [Earnings]
Tuesday, March 19, 5:06 PM Autodesk (ADSK) has bought Firehole Composites, a developer of design/analysis software for composite materials. Autodesk argues Firehole helps address the need for new simulation tech predict/optimize the performance of more complex materials. Earlier today, Jefferies raised its PT to $47 from $45: the firm pointed out penetration rates remain low for building information modeling (BIM) tools, and that Autodesk remains the market's leader. (previous) Comment! [Tech, M&A]
Friday, March 1, 1:23 PM Is Autodesk (ADSK +1.7%) a commercial real estate construction play? Jefferies has joined Goldman in arguing as much. Upgrading the CAD software leader to Buy, Jefferies touts Autodesk's high sales correlation to the "non-residential real estate cycle," as well as the strong positioning of its Building Information Modeling software. Last week, Goldman said it's encouraged by a January jump in the Architecture Billings Index to 54.2, its highest reading since Nov. '07. (FQ4 results/guidance: I, II) Comment! [Tech, Quick Ideas]
Monday, February 25, 4:38 PM More on Autodesk: FQ1 guidance is for revenue of $570M-$590M and EPS of $0.41-$0.46, below a consensus of $590.6M and $0.51. FY14 (ends Jan. '14) guidance is for 6% revenue growth, roughly in-line. Deferred revenue totaled $835M at end of FQ4, +16% Y/Y. Americas sales -2% Y/Y. EMEA +2%, Asia-Pac +11%, emerging markets -11%. Platform Solutions sales -7%, AEC +18%, manufacturing +5%, media/entertainment -16%. Opex +4% Y/Y. ADSK -4.4% AH. CC at 5PM ET (webcast). (PR) (prepared remarks) Comment! [Tech, Earnings, On the Move]
Monday, February 25, 4:02 PM Autodesk (ADSK): Q4 EPS of $0.53 beats by $0.04. Revenue of $607M (+2% Y/Y) beats by $20.84M. Shares -0.3% AH. (PR) Comment! [Earnings, Breaking News, Tech]
Monday, February 25, 12:10 AM Notable earnings after Monday’s close: ADSK, CZR, HALO, HCN, IPXL, LGCY, MELI, MR, OAS, OKE, OKS, SGY, TWI, URS, VVUS Comment! [Earnings]
Sunday, February 24, 5:35 PM Notable earnings after Monday’s close: ADSK, CZR, HALO, HCN, IPXL, LGCY, MELI, MR, OAS, OKE, OKS, SGY, TWI, URS, VVUS Comment! [Earnings]
Friday, January 25, 12:10 PM Autodesk (ADSK +4.3%) jumps after Goldman upgrades shares all the way to Conviction Buy from Sell. The firm is encouraged by the CAD software giant's improved execution, as well as accelerating growth in the non-residential construction space. Shares are a little above where they traded when Goldman downgraded them to Sell in Dec. '11. 1 Comment [Tech, On the Move, Quick Ideas]
Tuesday, January 8, 10:55 AM Autodesk (ADSK -0.1%) has acquired PI-VR, a German developer of car design visualization software, for an undisclosed sum. PI-VR's offerings complement a wide range of Autodesk tools used in automotive design/engineering, including Showcase and 3ds Max. Comment! [Tech, M&A]
Thursday, November 15, 2012, 4:44 PM Tech guidance roundup: 1) Intuit (INTU) reiterates guidance for FY12 revenue of $4.55B-$4.65B and EPS of $3.32 -$3.38, in-line with a consensus of $4.59B and $3.36. 2) Applied Materials (AMAT) expects FQ1 sales to be flat to -15% Q/Q, worse than a consensus for an 8% increase. 3) Autodesk (ADSK) expects FQ4 revenue of $570M-$600M and EPS of $0.43-$0.51, below a consensus of $604M and $0.54. INTU -0.3% AH. AMAT +1%. ADSK +1.7%. (Intuit PR) (Applied Materials PR) (Autodesk PR) Comment! [Tech, Earnings]