Evaporation & Concentration Equipment Series
The Evaporation & Concentration Equipment Series is a range of high-quality equipment designed to meet the needs of various industries. These equipment are used for the separation of liquid and solid components in a mixture by evaporation and concentration. The series includes a wide range of products such as evaporators, distillation units, crystallizers, and concentrators.
The Evaporation & Concentration Equipment Series is widely used in the food and beverage industry, pharmaceuticals, chemical processing, and many other industries. The equipment is designed to handle a variety of liquids and solids, making it ideal for use in many different applications.
The series includes a variety of evaporators, including falling film evaporators, rising film evaporators, forced circulation evaporators, and wiped film evaporators. Each type of evaporator is designed to meet specific requirements and can be customized to suit individual needs.
Distillation units are also part of the Evaporation & Concentration Equipment Series. These units are used to separate liquids based on their boiling points. They are commonly used in the chemical industry and are essential for the production of high-purity chemicals.
Crystallizers are another important component of the series. They are used to separate solids from liquids by crystallizing the solid component. Crystallizers are commonly used in the production of chemicals, pharmaceuticals, and food products.
Concentrators are also part of the series. They are used to concentrate liquids by removing water or other solvents. Concentrators are commonly used in the food and beverage industry for the production of juices, syrups, and other concentrated products.
In conclusion, the Evaporation & Concentration Equipment Series is an essential component of many industries. The equipment is designed to meet specific requirements and can be customized to suit individual needs. With a wide range of products available, the series is ideal for use in many different applications.
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SAN FRANCISCO, November 23, 2021 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) has just announced its financial results for the third quarter of fiscal year 2022.
The image below shows a snapshot of the event, highlighting the key moments and figures shared.
*(Photo Credit: PRNewsfoto/Autodesk, Inc.)*
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**All growth rates are referenced against the third quarter of fiscal 2021, unless otherwise specified. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For further clarification, refer to the Glossary of Terms later in this document.*
### **Key Financial Highlights for Q3 Fiscal 2022**
- **Total Revenue:** Increased by 18% to $1,126 million.
- **GAAP Operating Margin:** Stood at 17%, representing a decline of 1 percentage point.
- **Non-GAAP Operating Margin:** Improved by 2 percentage points to reach 32%.
- **Earnings Per Share (EPS):**
- GAAP diluted EPS: $0.61
- Non-GAAP diluted EPS: $1.33
- **Cash Flow:** Cash flow from operating activities was $270 million, while free cash flow totaled $257 million.
"Our customers continue to embrace and prioritize digital transformation as a cornerstone of their growth strategies, driving robust demand for our platform," said Andrew Anagnost, President and CEO of Autodesk. "We're actively innovating and refining our business model to ensure more users can access our ecosystem and capitalize on emerging opportunities."
Debbie Clifford, Autodesk's Chief Financial Officer, added, "Demand remained strong in Q3, leading to impressive growth in new subscriptions and renewal rates. We anticipate this momentum to persist into Q4. However, we must acknowledge the ongoing challenges posed by supply chain disruptions, inflationary pressures, a global labor shortage, and the unpredictable nature of the pandemic, which are affecting the pace of our recovery."
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### **Additional Financial Insights**
- **Total Billings:** Grew by 16% to reach $1,168 million.
- **Recurring Revenue:** Comprises 97% of total revenue, with a 5% sequential increase on both a reported and constant currency basis.
- **Design Revenue:** Reached $994 million, marking a 17% increase as reported and 15% growth on a constant currency basis.
- **Make Revenue:** Climbed to $94 million, reflecting a 23% increase year-over-year and on a constant currency basis.
- **Subscription Plan Revenue:** Surged to $1,071 million, showing a 21% increase year-over-year and 19% growth on a constant currency basis.
- **Maintenance Plan Revenue:** Declined by 56% year-over-year, but still managed a 4% sequential increase on a reported basis and a 1% rise on a constant currency basis.
- **Net Revenue Retention Rate:** Remained stable within the 100–110% range.
- **Operating Income:** GAAP operating income reached $193 million, up from $168 million in the same period last year. Non-GAAP operating income rose to $365 million, compared to $287 million last year.
- **Diluted EPS:** GAAP diluted EPS was $0.61, compared to $0.59 last year. Non-GAAP diluted EPS climbed to $1.33, up from $1.04 in the prior year.
- **Deferred Revenue:** Increased by 14% to $3.34 billion. Unbilled deferred revenue stood at $888 million, up $239 million from the previous year.
- **Free Cash Flow:** Decreased slightly to $257 million, down $83 million compared to the third quarter last year.
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### **Regional Revenue Breakdown**
| **Geographic Area** | **Q3 2021 Revenue (USD Mn)** | **Q3 2020 Revenue (USD Mn)** | **YoY Growth (%)** | **CC Growth (%)** |
|----------------------|------------------------------|------------------------------|--------------------|-------------------|
| **Americas** | $461.9 | $392.9 | +18% | +17% |
| **EMEA** | $433.2 | $364.3 | +19% | +16% |
| **APAC** | $230.7 | $195.2 | +18% | +17% |
| **Total** | $1,125.8 | $952.4 | +18% | +17% |
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### **Outlook for Q4 Fiscal 2022**
Autodesk remains optimistic about the coming quarters despite lingering macroeconomic headwinds. The company expects:
- **Revenue:** $1,185–$1,200 million
- **GAAP EPS:** $0.71–$0.77
- **Non-GAAP EPS:** $1.41–$1.47
For the full fiscal year 2022, Autodesk projects:
- **Billings:** $4,740–$4,800 million (up 14–16%)
- **Revenue:** $4,360–$4,375 million (up ~15%)
- **GAAP Operating Margin:** ~15%
- **Non-GAAP Operating Margin:** ~31%
- **Free Cash Flow:** $1,420–$1,460 million
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### **Conclusion**
Autodesk continues to demonstrate resilience and adaptability in navigating the complexities of the current global landscape. By focusing on innovation and customer-centric solutions, the company is well-positioned to lead the digital transformation wave across industries.
To learn more about Autodesk's financial performance and future projections, visit their investor relations website at [investors.autodesk.com](https://www.autodesk.com/investor).
June 22, 2025