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Technology Stocks : Autodesk (ADSK), sales now increasing!
ADSK 298.21+0.2%9:30 AM EST
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From: JakeStraw9/20/2019 3:22:48 PM
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Autodesk, Inc. Announces Fiscal 2020 Second Quarter Results
investors.autodesk.com
Total ARR increased 31 percent to $3.07 billion;
Total billings increased 48 percent to $893 million;
Total revenue increased 30 percent to $797 million; recurring revenue represents 96 percent of total;
GAAP operating margin was 9 percent, up 13 percentage points;
Non-GAAP operating margin was 23 percent, up 14 percentage points;
GAAP diluted EPS was $0.18; Non-GAAP diluted EPS was $0.65;
Cash flow from operating activities was $219 million; free cash flow was $205 million.
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