Autodesk Reports Strong Financial Results in First Quarter Fiscal 2011.

Business WireMay 19, 2010

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Autodesk Reports Strong Financial Results in First Quarter Fiscal 2011.

Revenue Grows 11 Percent to $475 Million

Significant Operating Margin and Cash Flow Growth

SAN RAFAEL, Calif. -- Autodesk, Inc. (NASDAQ:ADSK) today reported financial results for the first quarter of fiscal 2011.

* Revenue was $475 million, an increase of 4 percent sequentially and 11 percent compared to the first quarter of fiscal 2010.

* GAAP operating margin was 11 percent, a decrease from 12 percent in the fourth quarter of fiscal 2010 and an increase from negative 5 percent in the first quarter last year.

* Non-GAAP opera...

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