Autodesk Inc. (ADSK) has reported a substantial increase in its earnings for the first quarter, showing marked improvement from the same period last year.
The company posted earnings of $252 million, or $1.16 per share, up from $161 million, or $0.75 per share, in the first quarter of the previous year.
On an adjusted basis, excluding certain items, Autodesk reported earnings of $1.87 per share for the period.
Revenue for the quarter saw an 11.8% rise, reaching $1.42 billion compared to $1.27 billion last year.
### Autodesk Inc. First Quarter Financial Highlights (GAAP):
- **Earnings:** $252 million, compared to $161 million last year
- **Earnings Per Share (EPS):** $1.16, compared to $0.75 last year
- **Revenue:** $1.42 billion, compared to $1.27 billion last year
### Guidance:
- **Next Quarter EPS:** Expected to be between $1.98 and $2.04
- **Next Quarter Revenue:** Anticipated to range from $1.475 billion to $1.490 billion
- **Full Year EPS:** Projected between $7.99 and $8.21
- **Full Year Revenue:** Forecasted between $5.99 billion and $6.09 billion
