Autodesk reports Q2 EPS 35c, consensus 29c Reports Q2 revenue $637.1M, consensus $603.39M. Reports billings increased 27% compared to the second quarter of fiscal 2014. Total subscriptions increased by approximately 74,000 from Q1
Autodesk estimates raised after 'robust' checks at Pacific Crest Pacific Crest raised its estimates for Autodesk to the higher end of management guidance after its European channel checks came back "robust." The firm says after some initially weak reseller checks in the U.K. and Germany, those markets have improved. It sees potential upside to guidance and keeps an Outperform rating on Autodesk.