Autodesk Non-GAAP EPS of $1.65 beats by $0.08, revenue of $1.24B beats by $20M
Autodesk press release (NASDAQ:ADSK): Q2 Non-GAAP EPS of $1.65  beats by $0.08.
Revenue of $1.24B (+17.0% Y/Y)  beats by $20M.
Non-GAAP operating margin was 36 percent, up 5 percentage points.
Cash flow from operating activities was $257 million; free cash flow was $246 million.

Total billings increased 17 percent to $1,191 million.
Deferred revenue increased 12 percent to $3.70 billion. Unbilled deferred revenue was $984 million, an increase of $141 million compared to the second quarter of last year. Remaining performance obligations increased 13 percent to $4.69 billion. Current RPO increased 10 percent to $3.14 billion.

Q3 Outlook: Revenue $1,275 - $1,290M vs. consensus of $1.27B, EPS non-GAAP $1.66 - $1.72 vs. consensus of $1.67.

2023 Outlook: Billings $5,705 - $5,805M vs. consensus of $5.01B, Revenue $4,985 - $5,035M, Non-GAAP operating margin ~36%, EPS non-GAAP $6.52 - $6.71 vs. consensus of $6.54.
Shares +5.06%.