By Davit Kirakosyan

Autodesk reported its (NASDAQ:), with an EPS of $1.43 better than the Street estimation of $1.35. The Street estimate was $1.15 billion. Revenue grew 18% over the year to $1.17 Billion.

To $1.129 Billion, total billings grew 16% annually. Designs revenue increased 16% to around $1 billion. Make revenue rose 27%, to $103million. The revenue from subscription plans rose 17% over the year to $1.089 trillion.

Company expects Q2/23 revenues in the $1.220 to $1.235 billion range and non-GAAP earnings in the $1.54-$1.60 range.

The full 2023 year, the company is expecting EPS to be in the $6.43-$6.66 range, which compares to the consensus estimate of $6.69. Revenue will likely range from $4.96-5.06 trillion, against the consensus estimate of $5.04 million.

Autodesk’s shares fell 32% in the year-to-date results