Full Year Fiscal 2012
| FY12 Guidance Metrics | FY12 (ending January 31, 2012) | |||
| Revenue (in millions) | $2,198 to $2,213 | |||
| EPS - GAAP | $1.17 to $1.20 | |||
| EPS - Non-GAAP | $1.70 to $1.73 |
Non-GAAP earnings per diluted share exclude $0.32 related to stock-based compensation expense, and $0.21 for the amortization of acquisition related intangibles, net of tax.
Full Year Fiscal 2013
Autodesk’s fiscal 2013 guidance assumes a continuation of the current economic environment and foreign exchange currency rate environment.
Net revenue for fiscal 2013 is expected to increase by at least 10 percent compared to fiscal 2012. Autodesk anticipates fiscal 2013 GAAP operating margin to increase by approximately 150 basis points and non-GAAP operating margin to increase by approximately 200 basis points compared to fiscal 2012. A reconciliation between the GAAP and non-GAAP projections for fiscal 2013 is provided in the tables following this press release.
Earnings Conference Call and Webcast
Autodesk will host its third quarter conference call today at 5:00 p.m. ET. The live broadcast can be accessed at http://www.autodesk.com/investors. Supplemental financial information and prepared remarks for the conference call will be posted to the investor relations section of Autodesk’s website simultaneously with this press release.
NOTE: The prepared remarks will not be read on the conference call. The conference call will include only brief remarks followed by questions and answers.
A replay of the broadcast will be available at 7:00 pm ET at http://www.autodesk.com/investors. This replay will be maintained on Autodesk’s website for at least 12 months.
Safe Harbor Statement
This press release contains forward-looking statements that involve
risks and uncertainties, including statements in the paragraphs under
“Business Outlook” above, statements regarding anticipated market,
segment, product and revenue trends, revenue, margin, earnings and cash
flow improvement, and other statements regarding our expected
strategies, market and products positions, performance, and results.
There are a significant number of factors that could cause actual
results to differ materially from statements made in this press release,
including: general market, political, economic and business conditions,
our performance in particular geographies, including emerging economies,
failure to successfully incorporate sales of products suites into our
overall sales strategy, failure to successfully expand adoption of our
products, failure to maintain cost reductions and productivity increases
or otherwise control our expenses, slowing momentum in maintenance
billings or revenues, difficulties encountered in integrating new or
acquired businesses and technologies, the inability to identify and
realize the anticipated benefits of acquisitions, the financial and
business condition of our reseller and distribution channels,
fluctuation in foreign currency exchange rates, the success of our
foreign currency hedging program, failure to achieve sufficient
sell-through in our channels for new or existing products, pricing
pressure, unexpected fluctuations in our tax rate, the timing and degree
of expected investments in growth and efficiency opportunities, changes
in the timing of product releases and retirements, failure of key new
applications to achieve anticipated levels of customer acceptance,
failure to achieve continued success in technology advancements,
interruptions or terminations in the business of Autodesk consultants,
the expense and impact of legal or regulatory proceedings, and any
unanticipated accounting charges.
