#AUTODESK AUTOCAD LT 2010 UPGRADE PRICES SOFTWARE#

Note the comparisons below, as well as the chart at the end of the article comparing “design solutions” with “media and entertainment.” Media and Entertainment may be the smallest division at Autodesk by revenue, but it has clearly proven to be the most recession resistant. Revenue from emerging economies represented 14% of Autodesk total revenue in the quarter.Ĭombined revenue from Autodesk’s model-based design solutions (previously known as 3D model-based design) was $138 million, up 13% from a year ago.Ĭombined revenue from horizontal design products (such as AutoCAD or AutoCAD LT, previously known as the 2D horizontal segment) and vertical design products (such as AutoCAD Electrical, and previously known as 2D vertical) was $240 million, up 17% from a year ago.Ĭombined revenue from just AutoCAD and AutoCAD LT products increased 20% from 1Q10, aided by the rush to beat a price increase. Revenue from emerging economies was $68 million, up 16% compared to 1Q10 and up 13% on a constant currency basis. Revenue in Asia Pacific was $115 million, up 21% compared to the first quarter of fiscal 2010, and up 15% on a constant currency basis. Revenue in Europe, Middle East, and Africa (EMEA) was $199 million, up 19% from a year earlier on a constant currency basis it was up 10%. The sour results in the Americas is largely attributed to a weak construction sector. Revenue in the Americas decreased to $161 million, down 1% compared to the first quarter of fiscal 2010. Net income for the quarter was $36.9 million, way up from a $32.1 million loss a year earlier. AutoCAD sales were impacted the most by this sales boost. Just how bad was the first quarter last year? Cash flow from operations in the first quarter is up 411% (to $139 million) from a year ago.įirst quarter results included a one-time benefit of approximately $15 million in upgrade revenue related to a promotion that was run in advance of an increase in upgrade pricing. The last time, pre-recession, that revenue was less than $475 million was in the third quarter of Fiscal 2007, ending September 2006.Ĭompare first quarter revenue and net income for five years: If Autodesk is a mainstream indicator of financial recovery, the jury is still deliberating.įor the first quarter of fiscal 2011 (ending April 30, 2010), Autodesk reported revenue of $475 million, up 11% compared to a year earlier, but still down considerably from pre-recession levels. The results were mixed, and Autodesk’s manufacturing revenue was flat.

#AUTODESK AUTOCAD LT 2010 UPGRADE PRICES SOFTWARE#

So many analysts who cover technical software were looking to Autodesk’s first quarter results to see if there is recovery in more than the manufacturing sector. Of all the companies we cover, Autodesk (NASDAQ: ADSK) was hit the hardest by the financial meltdown of 2008-09 its products cover the broadest range of industries. Cash flow from operations is up 411% compared to a year earlier. The recovery of AutoCAD sales is outpacing all other divisions.

Autodesk autocad lt 2010 upgrade prices