SAN RAFAEL, CA, May 28, 2021 – Autodesk, Inc. reported financial results for the first quarter of fiscal 2022. This quarter’s revenue stood at $989.3M, 4.8% down compared to $1039M of fourth quarter of fiscal 2021, with a profit of $155.6M.
Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)
Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)
“An acceleration in new business, solid execution, and a resilient subscription business model delivered a strong start to the new fiscal year,” said Andrew Anagnost, Autodesk president and CEO. “As the world rebuilds after the pandemic, Autodesk’s purpose – a better world designed and made for all – has never been more important, and underpins our confidence this year and well into the future.”
“Momentum in our end markets and customer adoption of cloud services is building,” said Debbie Clifford, Autodesk CFO. “We are raising our FY22 revenue guidance to reflect a partial year contribution from acquisitions and remain on track to achieve our FY23 financial goals.”
A complete chart of the financial results is available here.
About Autodesk
Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with their software. Autodesk gives you the power to make anything.
For more information, visit autodesk.com.