Autodesk Posts Record Gains for Q3 (Cadalyst Daily Archive)

21 Nov, 2006 By: Sara Ferris

3D and visualization products show strong revenue increases on top of continually growing 2D user base and earnings

General Software

Autodesk posted record revenues of $457 million for its third quarter fiscal 2007, a 21% increase over the same period a year ago. The company credits strong increases in revenue from 3D products, products for media and entertainment and new AutoCAD seats and subscriptions.

Combined revenue from the company's 3D products -- Inventor, Revit and Civil 3D -- increased 36% over the third quarter of fiscal 2006 to $98 million. 3D revenues amounted to 22% of total revenues in the quarter. For the quarter, Autodesk shipped 38,000 commercial seats of 3D, including 18,200 seats of Revit, 13,000 seats of Inventor and 6,900 seats of Civil 3D. Read more >>p>


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About the Author: Sara Ferris

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