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.
Evaporation & Concentration Equipment Series,Multi Effect Evaporator,Evaporator Equipment,Scraper Evaporators Jiangsu Stord Works Ltd. , https://www.stordworks.cn
SAN FRANCISCO, November 23, 2021 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) announced its financial results for the third quarter of fiscal 2022 today.
All growth rates mentioned are compared to the third quarter of fiscal 2021, unless otherwise specified. A detailed reconciliation of GAAP to non-GAAP results can be found in the accompanying tables. For further clarity, refer to the Glossary of Terms located later in this document.
Key Financial Highlights for the Third Quarter of Fiscal 2022
- Total revenue rose 18% to reach $1,126 million;
- GAAP operating margin stood at 17%, a decline of 1 percentage point;
- Non-GAAP operating margin increased by 2 percentage points to 32%;
- GAAP diluted earnings per share (EPS) were $0.61; Non-GAAP diluted EPS came in at $1.33;
- Operating cash flow was $270 million, while free cash flow reached $257 million.
"Our customers continue to embrace and prioritize digital transformation to drive growth, efficiency, and sustainability, fueling strong demand for Autodesk's platform," said Andrew Anagnost, President and CEO of Autodesk. "We're rapidly innovating and optimizing our business to enable more customers to experience our ecosystem and seize the opportunities ahead."
"Demand was robust in Q3, driving strong new subscription growth and renewal rates. We expect this momentum to continue into Q4," said Debbie Clifford, Autodesk's Chief Financial Officer. "However, supply chain disruptions, resulting inflationary pressures, a global labor shortage, and the ongoing impacts of COVID-19 are affecting the pace of our recovery and outlook."
Additional Financial Details
- Total billings increased 16% to $1,168 million.
- Total revenue amounted to $1,126 million, representing an 18% increase as reported and a 17% rise on a constant currency basis. Recurring revenue accounted for 97% of total revenue.
- Design revenue totaled $994 million, reflecting a 17% increase as reported and a 15% rise on a constant currency basis. Sequentially, Design revenue grew 5% both as reported and on a constant currency basis.
- Make revenue came in at $94 million, marking a 23% increase as reported and on a constant currency basis. Sequentially, Make revenue increased 5% both as reported and on a constant currency basis.
- Subscription plan revenue was $1,071 million, showing a 21% increase as reported and a 19% rise on a constant currency basis. Sequentially, subscription plan revenue increased 5% both as reported and on a constant currency basis.
- Maintenance plan revenue stood at $18 million, declining 56% as reported and on a constant currency basis. Sequentially, maintenance plan revenue increased 4% as reported and 1% on a constant currency basis.
- Net revenue retention rate remained within the 100 to 110% range.
- GAAP operating income was $193 million, compared to $168 million in the third quarter last year. GAAP operating margin was 17%, down 1 percentage point.
- Total non-GAAP operating income was $365 million, compared to $287 million in the third quarter last year. Non-GAAP operating margin was 32%, up 2 percentage points compared to the third quarter last year.
- GAAP diluted net income per share was $0.61, compared to $0.59 in the third quarter last year.
- Non-GAAP diluted net income per share was $1.33, compared to $1.04 in the third quarter last year.
- Deferred revenue increased 14% to $3.34 billion. Unbilled deferred revenue was $888 million, up $239 million compared to the third quarter of last year. Remaining performance obligations (RPO) increased 18% to $4.23 billion. Current RPO increased 21% to $2.88 billion.
- Cash flow from operating activities was $270 million, a decrease of $91 million compared to the third quarter last year. Free cash flow was $257 million, a decrease of $83 million compared to the third quarter last year.
The third quarter saw a strong performance across all key metrics, with Autodesk maintaining its leadership position in the digital design and engineering space. The company continues to innovate and adapt its offerings to meet the evolving needs of its customers, leveraging the growing trend toward digital transformation in industries worldwide.
Looking ahead, Autodesk remains optimistic despite the challenges posed by global supply chain disruptions and economic uncertainties. The company expects continued growth in its subscription base and sees opportunities in emerging markets. The leadership team is confident that the company's strategic initiatives will position it well for sustained success in the coming quarters.
For more details, please refer to the comprehensive financial tables and additional insights provided in this report.
June 22, 2025