autodesk inc (ADSK) Key Developments
Autodesk and Mattel Team Up to Bring New Digital and 3D Printing Experiences to Kids and Families
Apr 20 15
Autodesk, Inc. and Mattel announced they have signed an exclusive agreement to power the Mattel toy line with cutting-edge 3D design and 3D printing technology. The joint initiative will provide a new immersive experience by combining beloved physical toys with digital adventures. An upcoming series of apps will empower consumers to imagine, design and customize their own toys,
and help to make the toys real through 3D printing. The exclusive collaboration aims to bring hands-on design experiences to support an interactive learning environment through fun apps so that kids can also learn while they play. The digital experiences also engender pride in accomplishment and tap directly into the maker trend that encourages creativity, imagination and open-ended customization.
The first in a series of new apps is scheduled to launch in the second half of 2015 along with a dedicated online hub for Mattel’s 3D printing initiatives.
Autodesk, Inc. Announces the Release of the New Autodesk 2016 Design Suites
Apr 13 15
Autodesk, Inc. announced the release of the new Autodesk 2016 Design Suites that offer more control than ever over all aspects of the design-to-make process through a connected desktop and cloud user experience. Autodesk design and creation suites provide customers with expanded toolsets, unique interoperability and a consistent user experience. Each design suite includes AutoCAD 2016, ReCap and 3ds Max. AutoCAD 2016, the most advanced AutoCAD yet, delivers faster, more precise detailed design and documentation with rich visual accuracy. Autodesk’s ReCap technology, also included in every suite, continues to bring Reality Computing to a new level of accessibility and affordability across the Suites with the additions of more native laser scan formats, smart measurement tools, advanced annotation and sync capabilities and more. Autodesk 3ds Max provides customers with the 3D tools they need to create inspirational experiences no matter what their industry demands. Autodesk 2016 Design Suites will become available starting April 16, 2015.
Autodesk Inc. Launches Tinkerplay App
Mar 24 15
Autodesk Inc. has launched Tinkerplay, a new app designed for kids of all ages. The Tinkerplay app is based on the popular Modio app, which Autodesk previously acquired, and will join the Tinkercad family of products. The Tinkerplay app allows users to design and customize characters and creatures digitally with the option to 3D print afterwards. The 3D printed parts can also be snapped together for dynamic play. With this launch, new parts, features and functionality have been added to make the world of 3D design simple, fun and engaging. The Tinkerplay app lets users quickly get started by dragging and dropping interchangeable parts to make custom creations. The parts are optimized for 3D printing as fully poseable characters and creatures, and are designed to not require rafting or support material to print. The print function within the app shows the layout of parts for 3D printing and provides an easy way to export print files to a variety of 3D printers. For users that are inspired to take their design skills one step further to create completely new parts, Tinkerplay connectors can be found in the Tinkercad web app. Autodesk has launched Tinkerplay simultaneously on various mobile platforms including iOS, Android, Windows and Windows phones to better provide users with access on their device of choice. The Tinkerplay app can be downloaded for free from the App Store, Google Play or the Windows Store for Windows 8.1 users.
Autodesk, Inc. Announces the Availability of AutoCAD 2016
Mar 23 15
Autodesk, Inc. announced the availability of AutoCAD 2016, the latest release of computer-aided design (CAD) applications. The 2016 release includes scores of new features that accelerate the 2D and 3D design, documentation and collaboration process while enriching the on-screen experience of creating almost any shape imaginable. In addition, users can confidently share their work with others using TrustedDWG technology, the original and most accurate way to store and exchange design data. Improvements to the drawing canvas in AutoCAD 2016 dramatically improve the visual accuracy seen on screen. Enhanced readability and detail means smooth curves and arcs replace jagged line segments. AutoCAD now takes full advantage of the latest graphics hardware to deliver a richer, yet faster, visual experience. Users can predict more results and minimize the need to 'undo' a command with expanded Command Preview. Other enhancements include: AutoCAD 2016 also outputs enhanced PDFs that are significantly smaller, while retaining visual fidelity. PDFs are now fully searchable, maintain all hyperlinks and can be attached to drawings faster; and Improved Smart Dimensioning automatically creates appropriate measurements based on the type of objects selected, making it easier to accurately calculate measurements based on the drawing context. AutoCAD 2016 products are available immediately, and availability varies by country.
Autodesk, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2015; Provides Earnings Guidance for the First Quarter Ending April 30, 2015 and for the Fiscal Year Ending December 31, 2015
Feb 26 15
Autodesk, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended January 31, 2015. For the quarter, the company reported income from operations of $14.0 million, loss before income taxes of $7.1 million, net income of $11.5 million or $0.05 diluted per share on total net revenue of $664.6 million against income from operations of $51.7 million, income before income taxes of $56.3 million, net income of $53.9 million or $0.23 diluted per share on total net revenue of $586.6 million for the same period a year ago. Non-GAAP income from operations was $85.0 million against $114.7 million for the same period a year ago. Non-GAAP net income was $58.8 million against $93.2 million for the same period a year ago. Non-GAAP diluted net income per share was $0.25 against $0.40 for the same period a year ago.
For the nine months, the company reported income from operations of $120.7 million, income before income taxes of $83.0 million, net income of $81.8 million or $0.35 diluted per share on total net revenue of $2,512.2 million against income from operations of $279.9 million, income before income taxes of $279.9 million, net income of $228.8 million or $1.00 diluted per share on total net revenue of $2,273.9 million for the same period a year ago. Net cash provided by operating activities of $708.1 million against $563.5 million for the same period a year ago. Capital expenditures were $75.5 million against $64.2 million for the same period a year ago. Non-GAAP income from operations was $382.4 million against $510.5 million for the same period a year ago. Non-GAAP net income was $272.3 million against $385.6 million for the same period a year ago. Non-GAAP diluted net income per share was $1.17 against $1.68 for the same period a year ago.
The company provides anticipated full year ending January 31, 2016 GAAP and non-GAAP operating margins: GAAP operating margin of 2% to 4%. Non-GAAP operating margin of 13% to 15%. Revenue growth is expected to range from 3% to 5%. EPS GAAP expected to be $0.10 to $0.25 and non GAAP EPS to be $1.05 to $1.20.
For the first quarter ending April 30, 2015, the company expects EPS GAAP of $0.01 to $0.06. EPS Non-GAAP was $0.25 to $0.30. Revenue was $625 million to $645 million.