Autodesk Inc
ADSK: XNAS (USA)
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Autodesk Earnings: Strong, but Overshadowed by the Firm’s Largest-Ever Acquisition
Autodesk reported strong first-quarter results. Total revenue grew 18% year over year to $1.93 billion, with all product families recording revenue growth in the teens range or higher. Sales optimization and operating leverage drove a 200-basis-point improvement in non-GAAP operating margin.
