Features:
Advantages:
Three Layer Extrusion Machine,3 Layer Extrusion Machine,Three Layer Pipe Making Machine,3 Layer Pipe Extrusion Machine KonRun Intelligent Machinery(Ningbo) Co., Ltd. , https://www.konrunmachine.com
PP super silent water drainage pipe extrusion line is using the 3-layer co-extrusion technology, this line has two or three extruders. The inner and outer layers of the pipe are extruded by one or two extruders, the material is modified PP, and the middle layer is extruded by another extruder and the material is a special soundproof viscoelastic material, the main ingredient of this soundproof viscoelastic material is the compound of nonorganic mineral filler, PP and thermoplastic elastomer. The controlling system of this line is Siemens PLC and this line is equipped with a HMI, the line is elegance in appearance and the line has high automation and stable performance.
PP super silent water drainage pipe has the good effects on sound absorption, sound proof and sound insulation. In the same circumstance, the drainage noise of this PP super silent water drainage pipe is much lower than the cast iron pipe and UPVC pipe`s. And PP super silent water
drainage pipe has the advantages of hot water resistance, anti corrosion, high strength and good flexibility.
Public Company Information:
NASDAQ: ADSK
SAN RAFAEL, Calif.—(BUSINESS WIRE)—Autodesk, Inc. (NASDAQ: ADSK) today announced its financial results for the second quarter of fiscal 2014.
Second Quarter Fiscal 2014
- Revenue reached $562 million, marking a 1% decrease compared to the second quarter of fiscal 2013 when reported in actual terms but showed a 2% increase on a constant currency basis.
- GAAP operating margin stood at 15%, down from 16% in the second quarter of fiscal 2013.
- Non-GAAP operating margin decreased by approximately 100 basis points to 24%, compared to 25% in the second quarter of fiscal 2013. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables.
- GAAP diluted earnings per share were $0.27, compared to $0.28 in the second quarter of fiscal 2013.
- Non-GAAP diluted earnings per share were $0.45, compared to $0.48 in the second quarter of fiscal 2013.
- Deferred revenue increased by 7% to $806 million compared to the second quarter of fiscal 2013.
- Cash flow from operating activities was $65 million, compared to $107 million in the second quarter of fiscal 2013.
"Our second quarter was characterized by strong performance in our Architecture, Engineering and Construction (AEC) business segment and continued growth in suites," said Carl Bass, Autodesk president and CEO. "This growth was balanced out by mixed contributions from other parts of the business. On the product side, we strengthened and expanded our leading product portfolio with new desktop, cloud, and mobile offerings."
Second Quarter Operational Overview
Revenue in EMEA decreased by 4% to $202 million compared to the previous year's second quarter as reported and remained flat on a constant currency basis. Revenue in the Americas increased by 2% to $202 million compared to the same period last year as reported. Revenue in Asia Pacific decreased by 1% to $158 million compared to the second quarter last year as reported but increased by 4% on a constant currency basis. Revenue from emerging economies decreased by 2% to $86 million compared to the second quarter last year as reported and decreased by 1% on a constant currency basis. Revenue from emerging economies accounted for 15% of total revenue in the second quarter.
Revenue from the Platform Solutions and Emerging Business segment decreased by 9% to $197 million compared to the second quarter last year. Revenue from the AEC business segment increased by 9% to $177 million compared to the second quarter last year. Revenue from the Manufacturing business segment increased by 2% to $144 million compared to the second quarter last year. Revenue from the Media and Entertainment business segment decreased by 11% to $43 million compared to the second quarter last year.
Revenue from Flagship products decreased by 11% to $289 million compared to the second quarter last year. Revenue from Suites increased by 18% to $193 million compared to the second quarter last year. Revenue from New and Adjacent products was $80 million, representing a 1% decrease compared to the second quarter last year.
"The challenging dynamics within some of the end-markets that we serve have led us to adjust our growth assumptions," said Mark Hawkins, Autodesk executive vice president and CFO. "While the near-term revenue target is lower, we remain diligent about managing our spend while making essential investments to drive growth.
"With the recent introduction of more flexible license and service offerings that have ratable revenue streams, such as cloud-based and rental license offerings, Autodesk’s business model is evolving," continued Hawkins. "We are currently refining our plans around the pace and time frame for this business model transition. We look forward to providing more detail at our Investor Day event scheduled for October 2nd. As we evolve our business model, we remain committed to long-term operating margin expansion."
Business Outlook
The following statements are forward-looking statements based on current expectations and assumptions, involving risks and uncertainties. Autodesk’s business outlook for the third quarter assumes, among other things, a continuation of the current economic environment and foreign exchange currency rate environment, and interest expense related to Autodesk’s $750 million debt offering in December 2012.
Third Quarter Fiscal 2014
| 3Q FY14 Guidance Metrics | Q3 FY14 (ending October 31, 2013) |
|--------------------------|-----------------------------------|
| Revenue (in millions) | $540-$555 |
| EPS GAAP | $0.19-$0.23 |
| EPS Non-GAAP | $0.36-$0.40 |
Non-GAAP earnings per diluted share exclude $0.11 related to stock-based compensation expense and $0.06 for the amortization of acquisition-related intangibles.
Third quarter fiscal 2014 outlook assumes annual effective tax rates of approximately 23% and approximately 25% for GAAP and non-GAAP results, respectively. These rates do not include one-time discrete items but do reflect the recently enacted extension of the federal R&D tax credit benefit through December 31, 2013.
Full Year Fiscal 2014
Autodesk is not providing full-year fiscal 2014 guidance at this time.
Earnings Conference Call and Webcast
Autodesk will host its second-quarter conference call today at 5:00 p.m. ET. The live broadcast can be accessed at http://www.autodesk.com/investors. Supplemental financial information and prepared remarks for the conference call will be posted to the investor relations section of Autodesk’s website simultaneously with this press release.
NOTE: The prepared remarks will not be read on the conference call. The conference call will include only brief remarks followed by questions and answers.
A replay of the broadcast will be available at 7:00 p.m. ET at http://www.autodesk.com/investors. This replay will be maintained on Autodesk’s website for at least 12 months.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties, including statements in the paragraphs under "Business Outlook" above, statements regarding revenue growth, managing expenses while making essential investments, long-term margin expansion, future products, business model evolution, and other statements regarding our strategies, market and products positions, performance, and results. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: general market, political, economic and business conditions; failure to maintain our revenue growth and profitability; failure to maintain cost reductions and productivity increases or otherwise control our expenses; our performance in particular geographies, including emerging economies; the ability of governments around the world to meet their financial and debt obligations, and finance infrastructure projects; weak or negative growth in the industries we serve; failure to successfully manage transitions to new business models and markets, including the introduction of additional ratable revenue streams and our continuing efforts to attract customers to our cloud-based offerings; slowing momentum in subscription billings or revenues; difficulty in predicting revenue from new businesses and the potential impact on our financial results from changes in our business models; difficulties encountered in integrating new or acquired businesses and technologies; the inability to identify and realize the anticipated benefits of acquisitions; the financial and business condition of our reseller and distribution channels; dependence on and the timing of large transactions; fluctuation in foreign currency exchange rates; the success of our foreign currency hedging program; failure to achieve sufficient sell-through in our channels for new or existing products; pricing pressure; unexpected fluctuations in our tax rate; the timing and degree of expected investments in growth and efficiency opportunities; changes in the timing of product releases and retirements; failure of key new applications to achieve anticipated levels of customer acceptance; failure to achieve continued success in technology advancements, interruptions or terminations in the business of Autodesk consultants; the expense or impact of legal or regulatory proceedings; and any unanticipated accounting charges.
Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk’s Annual Report on Form 10-K for the year ended January 31, 2013 and Form 10-Q for the quarter ended April 30, 2013, which are on file with the U.S. Securities and Exchange Commission. Autodesk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
About Autodesk
Autodesk helps people imagine, design, and create a better world. Everyone—from design professionals, engineers, and architects to digital artists, students, and hobbyists—uses Autodesk software to unlock their creativity and solve important challenges. For more information visit autodesk.com or follow @autodesk.
© 2013 Autodesk, Inc. All rights reserved.
Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.