Ivy Lessner
Revenue at the San Rafael, Calif. software company grew 17.8% to $619.5 million, from $525.9 million for the same quarter of last year. Analysts were expecting revenue of $606.4 million, according to Thomson Reuters.
Net income fell 2% to $89.8 million, or 39 cents a share, from $91.6 million, or 38 cents a share, in the year-ago period.
Excluding special items, EPS was 56 cents. Analysts were looking for earnings of 52 cents a share.
Shares were up $1.65, or 4.8%, to $36 in extended trading.
In addition to a benefit from exchange rates, Autodesk's performance was driven by sales of its 3D design software, as well as maintenance revenue growth, the company said in a statement.
The developer of computer-aided engineering software raised third-quarter guidance to revenue ranging from $625 million to $635 million and EPS.
$30.24 (10/04/08)
