Key Developments For Autodesk, Inc.
Autodesk, Inc. (ADSK.O) (Nasdaq)
Autodesk, Inc. Collaborates With DreamWorks and Imageworks On Mudbox For Linux
Autodesk, Inc. announced that DreamWorks Animation SKG, Inc. and Sony Pictures Imageworks are integrating Autodesk Mudbox software into their Linux-based production pipelines. Autodesk Consulting's custom development team worked collaboratively with teams at Imageworks and DreamWorks to port the digital sculpting and texture painting software to the Linux platform. Mudbox for Linux is available through Autodesk Consulting services.
Autodesk, Inc. Issues Q4 2010 Outlook; EPS Outlook Below Analysts' Estimates; Issues FY 2010 Outlook In Line With Analysts' Estimates
Autodesk, Inc. announced that for the fourth quarter of 2010, it expects revenue to be in the range of $420 to $440 million, GAAP earnings per diluted share (EPS) to be in the range of $0.07 and $0.12 and non-GAAP earnings per diluted share to be in the range of $0.19 and $0.24, excluding $0.06 related to stock-based compensation expense and $0.06 for amortization of acquisition related intangibles. For fiscal 2010, the Company expects net revenue to be in the range of $1.68 and $1.7 billion, GAAP earnings per diluted share to be in the range of $0.11 and $0.16 and non-GAAP earnings per diluted share to be in the range of $0.88 and $0.93 and exclude $0.29 related to stock-based compensation expense, $0.18 for the amortization of acquisition related intangibles, $0.15 for restructuring charges, $0.06 related to goodwill impairment, and $0.09 related to the establishment of a valuation allowance on deferred tax assets. According to Reuters Estimates, analysts on an average were expecting the Company to report non-GAAP EPS of $0.25 on revenue of $433 million for the fourth quarter of 2010; non-GAAP EPS of $0.89 on revenue of $1.69 billion for fiscal 2010.
Autodesk, Inc.'s Autodesk Inventor Key to Development of Hydrogen-Equipped Commercial Vessel
Autodesk, Inc. announced that Icelandic Hydrogen used Autodesk Inventor software from Autodesk, Inc., to design a complete on-board hydrogen energy system that powers the auxiliary engine for one of Iceland's whale-watching vessels, enabling it to generate the electricity on board with clean, sustainable energy rather than oil. Icelandic Hydrogen also used AutoCAD Electrical software to create piping and instrumentation diagrams for the hydrogen system, seamlessly switching to Autodesk Inventor software to visualize and analyze the storage tanks, enclosures, tubing and other components.
Autodesk, Inc. And Trimble Navigation Limited Creates AutoCAD Civil 3D Data Exchange Tool
Trimble Navigation Limited and Autodesk, Inc. announced that they have collaborated to develop a fully automated data exchange tool enabling information from an AutoCAD Civil 3D model to be directly imported into the Trimble Business Center-HCE (Heavy Construction Edition) data management software.
MagnaFlow Uses Autodesk, Inc.'s Inventor To Improve Engine Efficiency, Reduce Emissions
MagnaFlow, a manufacturer of high-performance exhaust systems and catalytic converters, announced that it uses Autodesk, Inc.'s Inventor software to develop automotive components that not only help engines operate more efficiently and consume less fuel, but also reduce the amount of toxic emissions that are released into the environment.
