Autodesk reports lower quarterly profit

Thu May 16, 2013 4:10pm EDT

May 16 (Reuters) - Autodesk Inc, known for its AutoCAD software, reported a lower quarterly profit as license revenue fell 9 percent.

Net income for the company fell to $55.6 million, or 24 cents per share, in the first quarter, from $78.9 million, or 34 cents per share, a year earlier.

Revenue fell 3 percent to $570.4 million.