Autodesk, Inc. reaffirmed its business outlook for the first quarter and fiscal year 2020 in conjunction with its Investor Day, being held today at the Autodesk Gallery in San Francisco.
Andrew Anagnost, President and CEO, will be joined by several members of the Autodesk leadership team to review its core markets and products, new cloud-based opportunities in construction and manufacturing, recurring business model, and strategic initiatives to drive sustainable long-term growth in annualized recurring revenue and free cash flow. The meeting will begin at 8:30 a.m. Pacific Daylight Time and will be webcast live (see below for details).
"The strong momentum we experienced exiting fiscal 2019 provided us with a great deal of confidence going into fiscal 2020," said Anagnost. "With the business model transition effectively behind us, we’re looking forward to providing the investment community with additional details on how we will fuel sustainable growth in our fiscal 2020 and beyond."
Business Outlook
The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties some of which are set forth below under "Safe Harbor Statement." Autodesk’s business outlook for the first quarter and full year fiscal 2020 assumes, among other things, a continuation of the current economic environment and foreign exchange currency rate environment. A reconciliation between the fiscal 2020 GAAP and non-GAAP estimates is provided below.
To see a chart with GAAP and non-GAAP estimates, please visit https://adsknews.autodesk.com/pressrelease/autodesk-reaffirms-first-quarter-and-fiscal-year-2020-outlook-at-annual-investor-day
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