Autodesk Media & Entertainment Revenue Down 16% in Q4 FY 2013, Down 10% for Full Fiscal Year

Posted by Joe Zaller
Feb 26 2013

Autodesk reported that its Q4 FY 2013 revenue from its Media and Entertainment segment (M&E) was $47m, a decline of 16% 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 (81%), up from 79% last quarter.

Media & Entertainment revenue for the full FY 2013 was $194m, down 10% versus the previous year.

M&E gross margins for the full year were 81%, flat with last year.

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Related Content:

Press Release:  Autodesk Reports Record Fourth Quarter Revenue

Pervious year: Autodesk Media & Entertainment Revenue Rises Nine Percent in Fiscal 2012

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

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