August 30, 2017

Last week Autodesk, Inc. (NASDAQ: ADSK) reported strong financials for the second quarter of fiscal year 2018 for the period ended July 31, 2017. The company reported annualized recurring revenue (ARR) of $784 million, an increase of 94 percent compared to the same period last year. Total ARR for the quarter was $1.83 billion, a 21 percent increase year-over-year. Deferred revenue was $1.78 billion, a 17 percent increase compared to $1.52 billion for the same period last year. Unbilled deferred revenue for the second quarter of fiscal year 2018 was $63 million.