Autodesk Passes Key Milestone in Transformation

For the quarter, total net revenue rose 16% year over year to $553.8 million. Subscription revenue growth was the driving force behind the result improving 105% year over year to $294 million. Geographically, Autodesk saw broad-based demand with Americas, EMEA, and Asia Pacific revenue all improving by double digits on a reported basis. We continue to see good demand prospects for the firm as it expands into other markets such as construction and simulation, while also increasing customer usage through subscription offerings and multifaceted Industry Collections.

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