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Revenue at the San Rafael, Calif. software company grew 17.8% to $619.5 million, from $525.9 million for the same quarter of last year. Analysts were expecting revenue of $606.4 million, according to Thomson Reuters.

Net income fell 2% to $89.8 million, or 39 cents a share, from $91.6 million, or 38 cents a share, in the year-ago period.

Excluding special items, EPS was 56 cents. Analysts were looking for earnings of 52 cents a share.

Shares were up $1.65, or 4.8%, to $36 in extended trading.

In addition to a benefit from exchange rates, Autodesk's perf

Autodesk, Inc. operates as a design software and service company. Its Design Solutions segment offers AutoCAD, a computer-aided design application for 2D drafting, detailing, design documentation, and basic 3D visualization; AutoCAD LT software that is used for 2D drafting and detailing; and AutoCAD Map 3D software, which provides mapping functionality to engineers and geospatial professionals. It also offers Revit products, which provide a design and documentation system; AutoCAD Architecture software that supports existing 2D design practices; AutoCAD Civil 3D, a survey, design, analysis

Last month, I wrote about how it was a good time to buy Autodesk (ADSK).<!----> The stock was trading at $33 then and today post the announcement of its Q1 results is trading at $41 levels. A good 25% return in a month.

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This article is a reprint of my February 8, 2008 RealMone y column

One of my favorite investment themes is engineering and infrastructure software, which I think combines the high margins and cash flow stability of a software investment with the positive long-term trends in global infrastructure development. I think investors can profit handsomely from a potential 64% rise in Autodesk, the leading player in this market.

In November I wrote bullishly about Dassault (DASTY) and Ansys (ANSS), which I bought in January . Since those columns were written the stocks h

Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice ! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this weekend.

What a difference a day makes! The Fed cut rates by 0.5% on Friday to ease the credit crunch and the market soared ...giving the S&P its best day in nearly 4 1/2 years!

There were many moments when I was anxious to throw in the towel