Autodesk reported financial results for the first quarter of fiscal 2015 on Thursday, May 15.

From the press release, here are the following primary results:

First Quarter Fiscal 2015
• Total billings increased 10 percent, compared to the first quarter of fiscal 2014.
• Total subscriptions increased by over 89,000, compared to the fourth quarter of fiscal 2014.
• Revenue was $593 million, an increase of 4 percent, compared to the first quarter of fiscal 2014 as
reported, and increased 5 percent on a constant currency basis. Revenue contribution from the recent
acquisition of Delcam was immaterial to first quarter results.
• GAAP operating margin was 7 percent, compared to 14 percent in the first quarter of fiscal 2014.
• Non-GAAP operating margin was 17 percent, compared with 24 percent in the first quarter of fiscal
2014. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables.
• GAAP diluted earnings per share were $0.12, compared to $0.24 in the first quarter of fiscal 2014.
• Non-GAAP diluted earnings per share were $0.32, compared to $0.42 in the first quarter of fiscal 2014.
• Deferred revenue increased 13 percent to a record $964 million, compared to the first quarter of fiscal
2014.
• Cash flow from operating activities was $219 million, compared to $224 million in the first quarter of
fiscal 2014.

The full press release, complete with predictions and webcast presentations can be found here.