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	<title>Stock Blog Hub &#187; Autodesk</title>
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		<title>(ADSK) Autodesk Beats The Street Consensus</title>
		<link>http://www.stockbloghub.com/2010/11/19/adsk-autodesk-beats-the-street-consensus/60041</link>
		<comments>http://www.stockbloghub.com/2010/11/19/adsk-autodesk-beats-the-street-consensus/60041#comments</comments>
		<pubDate>Sat, 20 Nov 2010 01:14:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[Autodesk]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60041</guid>
		<description><![CDATA[Software design maker, Autodesk Inc. (ADSK) reported third quarter 2011 earnings of 27 cents per share, beating the Zacks Consensus Estimate by 2 cents. However, shares were down $2.06 (5.68%) to $34.20 in after hours trading. Earnings Incorporatedluding stock-based compensation but excluding one-time items, leaped 58.8% year over year, primarily driven by strong revenue growth. Operational Performance Net Income Incorporatedluding stock-based compensation ($17.0 million) but excluding one-time items ($14.4 million), was $63.4 million, up 73.7% year over year as compared with $38.6 million. Gross profit was $436.6 million, up 14.7% year over year as compared with $380.6 million. Gross margin increased 30 bps to 91.6% as compared with 91.3% in the prior- year quarter, primarily due to higher revenues and a lower cost of license in the quarter. Operating expenses ]]></description>
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		<title>(TECD) Tech Data Analyst Maintains Neutral Rating on Shares</title>
		<link>http://www.stockbloghub.com/2010/10/03/tecd-tech-data-analyst-maintains-neutral-rating-on-shares/53645</link>
		<comments>http://www.stockbloghub.com/2010/10/03/tecd-tech-data-analyst-maintains-neutral-rating-on-shares/53645#comments</comments>
		<pubDate>Mon, 04 Oct 2010 05:22:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=53645</guid>
		<description><![CDATA[We maintain a Neutral recommendation on Tech Data Corp. (TECD). Tech Data’s second quarter 2011 results beat the Zacks Consensus Estimate and recorded the most profitable second quarter in the company’s history, attributable to an improving demand for technology products combined with an outstanding effort in working capital management. With strong earnings momentum, diversified customer base Incorporatedreased acquisition, diverse product portfolio, significant operating efficiency and share repurchases, we remain positive on the company’s long-term growth. We believe Tech Data continues to benefit from an increase in internal investment Incorporatedreased workforce and a higher spending on developing systems, which has driven growth. However, the drag in worldwide IT spending, softness in demand, stemming from weakness in the European market, and a stronger U.S. dollar could negatively impact sales in the coming ]]></description>
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		<title>(TECD) Tech Data Expands Consumer Electronics Product Offerings</title>
		<link>http://www.stockbloghub.com/2010/08/18/tecd-tech-data-expands-consumer-electronics-product-offerings/48486</link>
		<comments>http://www.stockbloghub.com/2010/08/18/tecd-tech-data-expands-consumer-electronics-product-offerings/48486#comments</comments>
		<pubDate>Thu, 19 Aug 2010 05:12:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48486</guid>
		<description><![CDATA[Tech Data Corporation (TECD) will be offering 3D TVs and Lenovo’s IdeaPad laptop PCs to retailers in the consumer electronics market, thereby expanding its consumer electronics product offering and diversifying its customer base. The consumer market had been sluggish in 2009; however, we believe the increasing popularity of 3D TVs will drive a higher demand for consumer electronics, thereby boosting Tech Data’s profitability over the long term. Tech Data offers authorized retailers access to 40 to 60-inch 3D LCD TVs, 3D glasses and Blu-ray Disc players. Tech Data also distributes a broad array of 3D-capable projectors. According to U.S. research firm Display search, 3D TVs is expected to ship 3.4 million units in 2010 with 42.9 million projected to ship in 2014. The expanded product portfolio with the addition of ]]></description>
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		<title>(ADSK) Autodesk Earnings Report Tops Consensus</title>
		<link>http://www.stockbloghub.com/2010/08/13/adsk-autodesk-earnings-report-tops-consensus/47907</link>
		<comments>http://www.stockbloghub.com/2010/08/13/adsk-autodesk-earnings-report-tops-consensus/47907#comments</comments>
		<pubDate>Fri, 13 Aug 2010 16:09:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47907</guid>
		<description><![CDATA[Software design maker, Autodesk Inc. (ADSK) reported better-than-expected second quarter 2011 results, with earnings per share of 27 cents, beating the Zacks Consensus Estimate of 20 cents per share. Earnings per share leaped 80.0% year over year from 15 cents reported in the year-ago quarter and were well ahead of the company&#8217;s guidance of 19 cents to 22 cents per share. Earnings exclude one-time charges but include stock based compensation expense. Net income of $64.0 million was up 81.8% year over year from $35.2 million. Earnings were boosted by higher revenues, growth in international markets and impressive cost controls. The company continues to grow its maintenance revenues and installed base. Autodesk experienced a strong year-over-year growth in maintenance billings and commercial new licenses in the quarter, which along with the ]]></description>
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		<title>(ADSK) Autodesk Raises Earnings and Revenue Guidance</title>
		<link>http://www.stockbloghub.com/2010/06/28/adsk-autodesk-raises-earnings-and-revenue-guidance/41748</link>
		<comments>http://www.stockbloghub.com/2010/06/28/adsk-autodesk-raises-earnings-and-revenue-guidance/41748#comments</comments>
		<pubDate>Mon, 28 Jun 2010 18:04:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41748</guid>
		<description><![CDATA[Autodesk Inc. (ADSK), on June 24 (investor day), raised the low end of its second quarter 2011 earnings and revenues guidance, due primarily to strong global demand. Autodesk also provided its long-term business outlook. Autodesk expects non-GAAP earnings per share (excluding stock based compensation expense and one-time charges) between 25 cents and 28 cents, compared with the previous guidance of 23 cents to 28 cents. GAAP earnings per share are estimated in the range of 14 cents to 17 cents Incorporatedluding 6 cents related to stock based compensation expense, 4 cents for amortization of acquisition related intangibles and 1 cent of restructuring charges. The previous GAAP earnings per share guidance came in the range of 12 cents to 17 cents. The current Zacks Consensus Estimate calls for 20 cents in earnings ]]></description>
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		<title>(ADSK) Autodesk First Quarter 2011 Results Easily Beat The Street</title>
		<link>http://www.stockbloghub.com/2010/05/20/adsk-autodesk-first-quarter-2011-results-easily-beat-the-street/37884</link>
		<comments>http://www.stockbloghub.com/2010/05/20/adsk-autodesk-first-quarter-2011-results-easily-beat-the-street/37884#comments</comments>
		<pubDate>Thu, 20 May 2010 22:48:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37884</guid>
		<description><![CDATA[Autodesk, Inc. (ADSK) reported better-than-expected fiscal first quarter 2011 results, with diluted earnings per share and revenue increasing 58.8% and 11.5%, respectively, from the year-ago period. Net income on a non-GAAP basis was $64.5 million in the first quarter, up 58.4% year over year from $40.7 million. Diluted earnings per share on a non-GAAP basis increased 58.8% year over year to 29 cents. This was well ahead of the conservative Zacks Consensus Estimate of 16 cents and beat the high end of the company&#8217;s guidance between 18 cents and 23 cents, primarily based on strong year-over-year revenue growth in international markets and recovery in corporate spending. The company experienced strong year-over-year growth in maintenance billings and commercial new licenses in the first quarter, which along with the continued focus on ]]></description>
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		<title>(ADSK) Autodesk Tops Earnings Expectations &#8211; Rises Sequentially</title>
		<link>http://www.stockbloghub.com/2010/02/25/adsk-autodesk-tops-earnings-expectations-rises-sequentially/28985</link>
		<comments>http://www.stockbloghub.com/2010/02/25/adsk-autodesk-tops-earnings-expectations-rises-sequentially/28985#comments</comments>
		<pubDate>Thu, 25 Feb 2010 23:18:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28985</guid>
		<description><![CDATA[A leader in 2D and 3D design, Autodesk Inc.’s (ADSK) fourth quarter results (both revenue and earnings) beat the Zacks Consensus Estimate and the company’s own guidance. Earnings, revenue and cash flow improved sequentially on higher cost controls and continued focus on growth initiatives. The company said that the sequential improvement was driven by improving end-market demand and continued competitive displacements. Sequentially, revenue and profitability improved due to increased revenues from commercial new seat licenses. Both domestic and international revenues increased. Further, the company witnessed increased revenue from each of its products and segments Incorporatedluding Manufacturing, AEC, and Platform Solutions and Emerging Business. Considering that results were slightly down year over year on lower licensing revenue, its margin improvement is commendable. Further, the company provided guidance for the first quarter ]]></description>
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		<item>
		<title>(ADSK) Autodesk Fourth Quarter Earnings Preview</title>
		<link>http://www.stockbloghub.com/2010/02/23/adsk-autodesk-fourth-quarter-earnings-preview/28565</link>
		<comments>http://www.stockbloghub.com/2010/02/23/adsk-autodesk-fourth-quarter-earnings-preview/28565#comments</comments>
		<pubDate>Wed, 24 Feb 2010 00:57:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28565</guid>
		<description><![CDATA[Autodesk, Inc. (ADSK) is set to release its fourth quarter fiscal 2010 results on February 23, 2010. During its third quarter earnings release, Autodesk provided conservative guidance and forecast for the fourth quarter of 2010 was mixed, with earnings below consensus expectations and revenues in-line. For the fourth quarter, Autodesk expects revenue to be in the range of $420-$440 million. Earnings on a non-GAAP basis are expected to be in the range of 19 cents to 24 cents a share, excluding 6 cents a share related to stock-based compensation expense and 6 cents a share for amortization of acquisition related intangibles. Zacks Estimate Revisions Update The current Zacks Consensus Estimate for the fourth quarter is earnings of 15 cents, below the company’s guidance, with a downside potential of 13.33%. Just ]]></description>
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		<title>(ADSK) Analysts Are Initiating Autodesk at Neutral</title>
		<link>http://www.stockbloghub.com/2010/01/15/adsk-analysts-are-initiating-autodesk-at-neutral/25117</link>
		<comments>http://www.stockbloghub.com/2010/01/15/adsk-analysts-are-initiating-autodesk-at-neutral/25117#comments</comments>
		<pubDate>Fri, 15 Jan 2010 22:59:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25117</guid>
		<description><![CDATA[Autodesk, Inc. (ADSK) is well positioned to benefit from a recovery in the economic environment, but we do not expect a significant impact until the second half of fiscal 2011 (ending Jan. 2011). Therefore, we remain Neutral on the stock, given our long-term confidence about Autodesk’s growth opportunities. Our target price of $28.00 is based on a P/E multiple of 25.5X our 2011 EPS estimate, a discount to the peer group. Autodesk reported better-than-expected third quarter of 2010 results, but below year-ago levels. Moreover, management provided conservative fourth-quarter guidance. With falling revenues, Autodesk has been generating weak cash flows. The company generated $121.2 million cash from operating activities fiscal year to date, a decline of $386.3 million from the comparable year-ago period. On a positive note, with cash of $1.05 ]]></description>
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		<title>(ADSK) Autodesk Settles Trademark Lawsuit With SolidWorks</title>
		<link>http://www.stockbloghub.com/2010/01/08/adsk-autodesk-settles-trademark-lawsuit-with-solidworks/24463</link>
		<comments>http://www.stockbloghub.com/2010/01/08/adsk-autodesk-settles-trademark-lawsuit-with-solidworks/24463#comments</comments>
		<pubDate>Fri, 08 Jan 2010 20:21:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24463</guid>
		<description><![CDATA[Autodesk, Inc. (ADSK) announced the settlement of a lawsuit against Dassault Systèmes SolidWorks Corp. (SolidWorks) pending in the U.S. District Court for the Northern District of California. Autodesk had alleged that SolidWorks inappropriately used its trademarks AutoCAD and DWG in 2008. However, SolidWorks made counterclaims against Autodesk. SolidWorks is a unit of Dassault Systèmes S.A, a 3D design software maker. To resolve the matter, Autodesk and SolidWorks have each agreed to dismiss all claims by entering into a confidential settlement agreement. Moreover, management did not give any details of the settlement, but said that all claims between the two rivals were dismissed. Autodesk develops 2D and 3D model-based design and documentation products. The company’s principal products include AutoCAD and AutoCAD LT software (2D horizontal products), which accounted for 36% of total ]]></description>
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		<title>(ADSK) Autodesk Beats Earnings Consensus &#8211; Forward Guidance Mixed</title>
		<link>http://www.stockbloghub.com/2009/11/18/adsk-autodesk-beats-earnings-consensus-forward-guidance-mixed/20878</link>
		<comments>http://www.stockbloghub.com/2009/11/18/adsk-autodesk-beats-earnings-consensus-forward-guidance-mixed/20878#comments</comments>
		<pubDate>Wed, 18 Nov 2009 22:28:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[AVID]]></category>
		<category><![CDATA[Avid Technology Inc]]></category>
		<category><![CDATA[SNE]]></category>
		<category><![CDATA[Sony Corporation]]></category>
		<category><![CDATA[Thomson Reuters Corporation]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20878</guid>
		<description><![CDATA[Autodesk Inc. (ADSK) third quarter earnings beat the Zacks Consensus Estimate but fell below the year-ago levels. However, earnings increased sequentially due to higher cost controls. The company reported net income on a non-GAAP basis of $63.1 million in the third quarter of 2010, down 51.5% from last year. Earnings per share (EPS) of 27 cents beat the Zacks Consensus Estimate of 15 cents, but were down from 56 cents reported in the year-ago period. However, earnings increased from 24 cents a share sequentially. This reflects the company’s strong execution in reducing operating expenses. Operating margin came in at 18.4% as operating expenses decreased 20.7% year over year, mainly due to lower marketing and sales expenses (-20.6%) as well as lower R&#38;D costs (-20.2%). Gross margin came in at 89.2% ]]></description>
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