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To: 2MAR$ who wrote (67934)8/15/2002 4:34:24 PM
From: 2MAR$  Read Replies (1) | Respond to of 208838
 
Halt-->Autodesk Reports Second Quarter Results


Business Editors

SAN RAFAEL, Calif.--(BUSINESS WIRE)--Aug. 15, 2002--Autodesk, Inc.
(Nasdaq: ADSK), the world's leading design software and digital
content company, today announced financial results for its second
quarter ended July 31, 2002. For the second quarter of fiscal year
2003, Autodesk reported net revenues of $211 million, compared to $231
million in the second quarter of fiscal year 2002.
Second quarter net income was $12 million or $0.10 per diluted
share compared to net income for the same quarter a year ago of $19
million or $0.17 per diluted share.
On a pro forma basis, as defined below, second quarter net income
was $15 million or $0.13 per diluted share compared to $30 million or
$0.27 per diluted share for the same quarter a year ago.
In accordance with Section 906 of the Sarbanes-Oxley Act of 2002,
Carol Bartz, Autodesk chairman and CEO, and Al Castino, Senior Vice
President and CFO, will be certifying the second quarter Form 10-Q to
the SEC. This new certification will start with the filing of our
second quarter 10-Q due out in September.
"Although our businesses felt varying degrees of economic
softness, we are pleased to deliver on our projected results," said
Carol Bartz, Autodesk chairman and CEO. "The fundamentals of our
business are strong. Our sales teams around the world drove new
product sales, subscriptions, and professional services. As a result,
we are gaining market share and are well positioned for growth when
the economy turns around."

Second Quarter Highlights