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Autodesk Reports Strong Fourth Quarter Results

 Autodesk, Inc.(NASDAQ: ADSK) today reported financial results for the fourth quarter and full fiscal year ended January 31, 2017.

Fourth Quarter Fiscal 2017

New model subscriptions increased 227,000 from the third quarter of fiscal 2017 to 1.09 million.Total subscriptions increased by 154,000 from the third quarter of fiscal 2017 to 3.11 million at the end of the fourth quarter.New model annualized recurring revenue (ARR) was $529 million and increased 107 percent compared t

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