Autodesk Announces Quarterly Dividend
San Rafael, California, January 7, 2000 Autodesk, Inc. (Nasdaq: ADSK) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per share on its Common Stock including holders of Exchangeable Shares of Discreet Logic, Inc. The dividend is payable January 21, 2000, to shareholders of record at the close of business on January 7, 2000.
As of October 31, 1999, the Company had $549.9 million in cash, cash equivalents, and marketable securities and approximately 61.5 million shares of Common Stock outstanding including approximately 1 million shares of Exchangeable Shares outstanding. Autodesk reported a net income of $1.4 million, or earnings per share of $0.02, on net revenues of $202.1 million for the third fiscal quarter ended October 31, 1999.
About Autodesk
Autodesk is the world's leading supplier of PC and web design software and digital content creation tools. One of the largest software companies in the world, Autodesk has more than four million customers in over 150 countries. For more information, contact any Authorized Autodesk® Reseller, call Autodesk at 800-964-6432, or visit the About Autodesk section of the Autodesk website. Discreet product information is available at 800-869-3504 or via the Web at www.discreet.com. Autodesk shares are traded on the Nasdaq national market under the symbol ADSK.
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