Autodesk reports 59 percent increase in second quarter earnings.SAN RAFAEL San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. , Calif.--(BUSINESS WIRE)--Aug. 17, 1995--Autodesk, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ACAD ACAD Academy ACAD Academic ACAD AutoCAD (design/drafting development software by Autodesk) ACAD Acadia National Park (US National Park Service) ACAD Atherosclerotic Coronary Artery Disease ) today reported net revenues for the second quarter ended July 31, 1995 increased 28 percent to $140.7 million from $110.3 million for the same quarter in the previous fiscal year. Net income for the second quarter was $26.3 million, or $0.52 per share, an increase of 59 percent over the $16.6 million, or $0.34 per share posted in the same period of the prior fiscal year. Net revenues for the first half of the fiscal year were $279.3 million, an increase of 29 percent over the prior fiscal year. Net income for the first half of the fiscal year was $52.3 million or $1.03 per share, an increase of 58 percent over the $33.0 million, $0.67 per share posted in the same period of the prior fiscal year. "These results can be attributed to record sales of new AutoCAD units as well as strong sales of AutoCAD LT and our multimedia products," said Carol Bartz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Autodesk. "Today, nearly one quarter of our business is coming from our diversification efforts in new products, markets and channels. Our goal is to continue to focus on these new areas and opportunities." A summary of Autodesk's financial results is as follows: -0- Three months ended July 31 1995 1994 Net revenues $140,686,000 $110,259,000 Net income $ 26,299,000 $ 16,587,000 Net income per share $0.52 $0.34 Six months ended July 31 1995 1994 Net revenues $279,344,000 $216,837,000 Net income $ 52,276,000 $ 33,033,000 Net income per share $1.03 $0.67 -0- Autodesk is the world's leading supplier of PC and UNIX-based design software and PC multimedia tools. The Company's 2D and 3D products and data management tools are used in many industries for architectural design This article or section may contain original research or unverified claims. Please help Wikipedia by adding references. See the for details. This article has been tagged since September 2007. , mechanical design, film-making, videography vid·e·og·ra·phy n. The art or practice of using a video camera. vid  e·og and
geographic information systems geographic information system (GIS)Computerized system that relates and displays data collected from a geographic entity in the form of a map. The ability of GIS to overlay existing data with new information and display it in colour on a computer screen is used primarily to . The fourth largest PC software company in the world, Autodesk has three million customers in 118 countries. Autodesk products are sold through Autodesk Systems Centers, Dealers and Distributors worldwide. For more information on Autodesk, please call 415-507-5000, type GO ADESK on CompuServe(R), or log-in with a World Wide Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. at http://www.autodesk.com. -0- Note to Editors: Autodesk, the Autodesk logo and AutoCAD are registered trademarks of Autodesk, Inc. ACAD is a trademark of Autodesk, Inc. All other brand and product names mentioned are the service marks, trademarks or registered trademarks of their respective owners. CONTACT: Autodesk Inc. Christine Tsingos, 415/507-6704 |
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