Autodesk reports second quarter results

Autodesk reports second quarter results

SHARE

August 15, 2002 AutoDesk, Inc. has announced financial results for its second quarter ended July 31, 2002. For the second quarter of fiscal year 2003, Autodesk reported net revenues of $211 million, compared to $231 million in the second quarter of fiscal year 2002.

Second quarter net income was $12 million or $0.10 per diluted share compared to net income for the same quarter a year ago of $19 million or $0.17 per diluted share.

On a pro forma basis, as defined below, second quarter net income was $15 million or $0.13 per diluted share compared to $30 million or $0.27 per diluted share for the same quarter a year ago.

In accordance with Section 906 of the Sarbanes-Oxley Act of 2002, Carol Bartz, Autodesk chairman and CEO, and Al Castino, Senior Vice President and CFO, will be certifying the second quarter Form 10-Q to the SEC. This new certification will start with the filing of our second quarter 10-Q due out in September.