Do we remember when Autodesk offered $38.50 per share (rejected) and they gave us this flight path in the following presentation?
They were expecting FY23 for 240-270 million USD.
The guidance given today was 255-265m USD. This is a huge positive my opinion, business is doing even better than they originally thought.
Not only are we adding more seats subscription, we're adding more higher value seats. The pricing power of this business is phenomenal.
Octopart another key driver and continues to add value to the ecosystem.
Long term goals re-affirmed.
Would be great to hear others interpretation of results. I can't really find any faults with this update?
Cheers,
Plague.
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