Autodesk Media & Entertainment Revenue Declines 9 percent in Q3 FY 2013

Posted by Joe Zaller
Nov 18 2012

Autodesk reported that its Q3 2012 revenue from its Media and Entertainment segment (M&E) was $48m, a decline of 9% versus the same period a year ago and a decline of 2% versus the previous quarter.

The potential for M&E revenue decline was telegraphed earlier this year by Autodesk CEO Carl Bass, who said at that time that the company expects its M&E revenue to decline over time as Autodesk incorporates greater functionality into its design suites.

M&E gross margins for the quarter were $38m (79%), down from $39m (80%) last quarter.

Media & Entertainment revenue for the first nine months of fiscal 2013 was $148m.

M&E gross margins for the first nine months of fiscal 2013 were 80%

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Related Content:

Press Release:  Autodesk Reports Third Quarter FY 2013 Results

Previous quarter: Autodesk Says Media & Entertainment Revenue Fell 10% in Q2 FY 2013, Will Restructure Overall Business Strategy

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