Huijie Steel Pipe provide variety
of alloy steel mechanical tubing for automotive parts,ball and roller bearing
tubes,
wire-line drill pipes,boiler tubes,heat-exchanger tubes,oil field Drill pipes,engineering machinery,etc.The
cold drawn
and cold rolled alloy steel tubes,Supplied as
DIN,ASTM,ASME,EN,BS,JIS,GOST,GB etc standard including the steel grade:
Boiler Steel tubes Grade:
T2, T5, T9, T11, T12, T17,
T21, T22, T91,T92, 15Mo3,16Mo3, 13CrMo44,
10CrMo910, 12CrMo910,
11CrMo910, 12Cr1MoVG
Mechanical alloy tubing:
AISI4130, SAE4140, 40Cr,
40Cr4,8620H,16MnCr5,20MnCr5
38Cr2MoAlA, 38CrMoAl, 38H2MUA, 38X2МЮÐ,10Mn2,20Mn2
Bearing tubes:
100Cr2,100Cr6,52100,GCr15,SUJ2,100CrMo7-3
Rock drill pipes:
SAE1541,AISI4130,XJY650,XJY750,XJY850,40Mn2,20Mn2,37Mn5,R780
Alloy Steel Tubes,Seamless Steel Pipes,Seamless Steel Tubes,Alloy Steel Mechanical Tubing Ningbo Huijie Steel Pipe Manufacturing Co.,Ltd , https://www.hjbearingtube.com
25CrMo4, 35CrMo, 35CrMo4, 42CrMo4, 34CrMo4,
20MnV6, 20MnV6,20CrMn,
Autodesk Reiterates Third Quarter and Fiscal Year 2016 Business Outlook at Annual Investor Day
Autodesk, Inc. (NASDAQ: ADSK) is holding its annual Investor Day event at the Autodesk Gallery in San Francisco. The company is using this opportunity to share insights on its ongoing shift to a subscription-based business model and outline plans for expanding its market presence. Additionally, Autodesk is reaffirming its financial outlook for the third quarter and fiscal year 2016.
Carl Bass, President and CEO of Autodesk, emphasized the importance of adapting to the growing trend of cloud-based solutions. “We are accelerating our transition to the cloud, which empowers our customers to rethink how they approach design, simulation, production, and collaboration,†he said. “This shift has been in the works for over two years, and we're now moving forward with greater momentum to help our clients embrace the future of making.â€
During the event, Bass will be joined by other key members of the leadership team. They will discuss current market opportunities, provide updates on the business model transformation, review financial performance, and highlight corporate strategy.
**Business Outlook**
Autodesk’s guidance for the third quarter and full fiscal year 2016 includes several key metrics and assumptions. These statements are forward-looking and involve risks and uncertainties. The outlook assumes a stable economic environment and foreign exchange rates. A reconciliation between GAAP and non-GAAP estimates is provided below.
**Third Quarter Fiscal 2016 Guidance**
| Metric | Range |
|-------------------------------|--------------------|
| Revenue (in millions) | $580 – $600 |
| EPS GAAP | ($0.23) – ($0.18) |
| EPS Non-GAAP (1) | $0.05 – $0.10 |
(1) Non-GAAP earnings exclude $0.21 related to stock-based compensation and $0.07 for amortization of acquisition-related intangibles, net of tax.
**Full Year Fiscal 2016 Guidance**
| Metric | Range |
|--------------------------------|----------------------|
| Billings Growth (1) | 2% – 4% |
| Revenue (in millions) (2) | $2,465 – $2,505 |
| GAAP Operating Margin | (2)% – (1)% |
| Non-GAAP Operating Margin (3) | 9% – 10% |
| EPS GAAP (4) | ($1.39) – ($1.27) |
| EPS Non-GAAP (5) | $0.60 – $0.72 |
| Net Subscription Additions | 375,000 – 425,000 |
(1) On a constant currency basis, billings growth would be 9% – 11%.
(2) On a constant currency basis, revenue growth would be 3% – 5%.
(3) Non-GAAP operating margin excludes 8% for stock-based compensation and 3% for amortization of acquisition-related intangibles.
(4) GAAP net loss per diluted share includes a $0.94 charge related to a non-cash tax adjustment.
(5) Non-GAAP earnings exclude $0.94 from the tax charge, $0.75 for stock-based compensation, and $0.31 for amortization of intangibles, offset by $0.01 in gains.
The outlook assumes an effective tax rate of 24% for GAAP and 26% for non-GAAP results.
**Investor Day Webcast**
A live webcast of the event will be available today starting at 8:30 a.m. PT at [www.autodesk.com/investors](http://www.autodesk.com/investors). A replay of the event will also be available online for 12 months.
**Safe Harbor Statement**
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially due to factors such as market conditions, business model transitions, and financial performance. For more details, please refer to Autodesk's filings with the SEC.
**About Autodesk**
Autodesk empowers people to imagine, design, and create a better world. From architects to artists, engineers to students, Autodesk software helps users solve complex challenges and unlock their creativity.
For more information, visit [autodesk.com](http://www.autodesk.com) or follow @autodesk.
© 2015 Autodesk, Inc. All rights reserved.
**Contact:**
Autodesk, Inc.
Investors: David Gennarelli, 415-507-6033
Press: Noah Cole, 415-580-3535