Autodesk's quarterly revenue rises 8% on higher customer signups

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Autodesk's quarterly revenue rises 8% on higher customer signups
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Design software maker Autodesk Inc posted an 8 per cent increase in first-quarter revenue on Thursday as customer signups rose.The company, whose AutoCAD software is used by construction, engineering and manufacturing companies, said its subscription plan sales surged 10 per cent during the quarter.

Design software maker Autodesk Inc posted an 8 per cent increase in first-quarter revenue on Thursday as customer signups rose.

Its portfolio, which also includes software Revit and Fusion 360, caters to diverse end-market customers. Autodesk now expects its annual per-share profit to be between $7.07 and $7.41, compared with $6.98 to $7.32 projected earlier.

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