Business Outlook
The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties some of which are set forth below. Autodesk's business outlook for the first quarter and full year fiscal 2016 assumes, among other things, a continuation of the current economic environment and foreign exchange currency rate environment. A reconciliation between the GAAP and non-GAAP estimates for fiscal 2016 is provided below or in the tables following this press release.
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First Quarter Fiscal 2016 |
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| Q1 FY16 (ending | |||
| Q1 FY16 Guidance Metrics | April 30, 2015) | ||
| Revenue (in millions) | $625 - $645 | ||
| EPS GAAP | $0.01 - $0.06 | ||
| EPS Non-GAAP (1) | $0.25 - $0.30 | ||
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| (1) | Non-GAAP earnings per diluted share exclude $0.16 related to stock-based compensation expense and $0.08 for the amortization of acquisition related intangibles, net of tax. |
Full Year Fiscal 2016
| FY16 (ending | |||
| FY16 Guidance Metrics |
January 31, 2016) |
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| Billings growth (1) | 3 - 5% | ||
| Revenue growth (2) | 3 - 5% | ||
| GAAP operating margin | 2 - 4% | ||
| Non-GAAP operating margin | 13 - 15% | ||
| EPS GAAP | $0.10 - $0.25 | ||
| EPS Non-GAAP (3) | $1.05 - $1.20 | ||
| Net subscription additions | 375,000 - 425,000 | ||
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| (1) | On a constant currency basis, billings growth would be 9% - 11%. | |
| (2) | On a constant currency basis, revenue growth would be 7% - 9%. | |
| (3) | Non-GAAP earnings per diluted share exclude $0.70 related to stock-based compensation expense and $0.25 for the amortization of acquisition related intangibles, net of tax. |
