Autodesk's average revenue per subscriber seen improving

|By:, SA News Editor

Autodesk, closing out today higher by 7.2%, laid out a path to improvement for the metric at an investor day event, with Baird analyst Steve Ashley (Outperform rating) citing confidence in tone over its execution potential. The measure had been an area of concern before, consequent a one-off promotion and shift in foreign customer mix.

With today's move, Autodesk's (NASDAQ:ADSKhigher by 6% on the month, over 11% on the last three and almost 20% on the year.

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