Archive | June 19, 2012

Autodesk Bullish on 2013 But Media & Entertainment Division Lags

19 Jun

Autodesk reaffirmed its business outlook for the second quarter and full year fiscal 2013, initially provided on May 17, 2012. Net revenue for fiscal 2013 is expected to increase by at least 10 percent compared to fiscal 2012. ¬†However the Media & Entertainment (M&E) Division declined 5% — this division is responsible for animation and finishing products like¬†Maya, 3dsMax and Smoke.