Tuesday, November 20, 2007
Autodesk Reports Record Revenues of $538 Million
I don't know how much of an economic indicator Autodesk, Inc. (NASDAQ: ADSK) is but I figure it might be some kind of leader. Companies probably don't buy design software when there are no buyers for the end product. Anyway, the title says, Autodesk broke their record for Q3 revenues. Model-based 3D products, Inventor, Revit, Civil 3D and newly acquired NavisWorks software increased 32 percent over the third quarter of fiscal 2007 to $130 million and comprised 24 percent of total revenues. Happy Birthday!