Autodesk Announces Executive Change

Autodesk, Inc. (NASDAQ: ADSK) has announced the departure of its Executive Vice President and Chief Financial Officer, Mark Hawkins. After more than five years with the company, Hawkins will be leaving at the end of July to take on a new role as CFO at Salesforce.com. His leadership during a critical period for Autodesk, including navigating through the challenges of the Great Recession and transitioning the company toward cloud-based solutions, has been widely recognized. Carl Bass, Autodesk’s President and CEO, expressed his appreciation for Hawkins’ contributions, stating, “Mark has been an excellent financial partner and played a key role in leading the company through several important initiatives. He leaves Autodesk in strong financial shape with a highly regarded finance team.” Hawkins, in turn, reflected on his time at Autodesk, saying, “It has been a pleasure working with Carl and the entire team. I’m proud to have been part of this journey from the depths of the recession to today, where Autodesk is well-positioned as a leader in the cloud.” The company has already begun the search for a new CFO and remains confident in its financial outlook. Autodesk expects to report revenue and earnings per share (EPS) for the second quarter of fiscal 2015 that meet or exceed its previously issued guidance. The company also reaffirmed its full-year fiscal 2015 outlook, which includes expectations for continued growth and stability. **Business Outlook** Autodesk's forward-looking statements for the second quarter and full year of fiscal 2015 are based on current expectations and involve risks and uncertainties. These projections assume a stable economic environment, consistent foreign exchange rates, and interest expenses related to the $750 million debt offering in December 2012. A reconciliation between GAAP and non-GAAP estimates for fiscal 2015 is provided in the tables below. **Second Quarter Fiscal 2015 Guidance** | Metric | Guidance Range | |--------|----------------| | Revenue (in millions) | $595–$610 | | EPS GAAP | $0.05–$0.10 | | EPS Non-GAAP (1) | $0.25–$0.30 | (1) Non-GAAP EPS excludes $0.11 for stock-based compensation and $0.09 for amortization of acquisition-related intangibles, net of tax. **Full Year Fiscal 2015 Guidance** | Metric | Guidance Range | |--------|----------------| | Billings Growth | 7–9% | | Revenue Growth | 4–6% | | GAAP Operating Margin | 3–5% | | Non-GAAP Operating Margin | 14–16% | | Net Subscription Additions | 150,000–200,000 | **Reconciliation of GAAP and Non-GAAP Operating Margins** | Category | GAAP | Non-GAAP | |----------|------|----------| | Operating Margin | 3–5% | 14–16% | | Stock-Based Compensation | 7% | 7% | | Amortization of Purchased Intangibles | 4% | 4% | | Restructuring Charges | — | — | The guidance assumes projected effective tax rates of 25% for GAAP and 25.5% for non-GAAP results. These rates do not include one-time items or the expired R&D tax credit. **Safe Harbor Statement** This release contains forward-looking statements regarding Autodesk’s business model transition, market position, performance, and future results. Actual outcomes could differ due to various factors, including market conditions, business model transitions, currency fluctuations, and other risks. For more details, refer to Autodesk’s filings with the SEC. **Use of Non-GAAP Financial Measures** Autodesk provides non-GAAP metrics to help investors understand its core performance by excluding items like stock-based compensation and restructuring charges. While useful, these measures are not a substitute for GAAP reporting and may differ from similar metrics used by other companies. **About Autodesk** Autodesk empowers people to imagine, design, and create a better world. From professionals to students, users rely on Autodesk software to solve complex problems and bring their ideas to life. Learn more at [autodesk.com](https://www.autodesk.com). *© 2014 Autodesk, Inc. All rights reserved.* **Contact:** - **Media:** Noah Cole, +1-415-580-3535 - **Investors:** David Gennarelli, +1-415-507-6033

Automatic Gas Filling Production Line

GHL company is professional manufacturer for Insulating Glass Production Line, main products include all size of inside and outside assembly Ig glazing glass product equipment, online gas filling machine.Insualting glass sealing robot ,butyl sealant coating machine ,spacer bending machine and desiccant filling machine etc.

All products passed CE certificate .

We have many after-sales agencies, could supply perfect after-sales service in the world.

Gas Filling Glass Line,Glass Production Line,Automatic Gas Glass Line,Automatic Gas Filling Production Line

Shandong GHL CNC Machinery Co., Ltd , https://www.ghlglassmachine.com