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Autodesk Raises Sales View

Stock quotes in this article: ADSK  

Autodesk(ADSK Quote) on Thursday grew first-quarter revenue 17% year over year, beating the consensus estimate.

But the design-software maker did not report full earnings because of its ongoing review of its stock option grant practices and related accounting issues. Additionally, the company did not give EPS guidance.

Revenue for the April quarter increased to $509 million, attributable to robust business of model-based 3D products, subscriptions and maintenance and in emerging markets. Analysts polled by Thomson First Call were looking for sales of $499.9 million. ...

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