Autodesk Q3 2010 Down 31% Over Q3 2009
Revenue was $417 million for Q3 2010, basically flat from last quarter but showed a decrease of 31 percent compared to the third quarter of fiscal 2009. I think it’s telling that its core products, AutoCAD and AutoCAD LT showed similar traits: “Combined revenue from our AutoCAD and AutoCAD LT products increased 2 percent sequentially and decreased 39 percent compared to the third quarter last year.”
There’s no comments on geospatial and I don’t expect any in today’s conference call scheduled for 5 pm eastern. The group seems to in a bit of a holding pattern of late.
[Title, first sentence updated 11/19 to reflect that Autodesk is now in fiscal 2010. It reported for Q3 2010 in the PR. Thanks to @geokaren, @dmgeo for letting me know of the confusion.]
