Aug 29, 08:03 PM

Autodesk Exceeds Q2 Expectations, Stock Up 5%

Autodesk has reported strong financial results for its second quarter, surpassing analyst expectations and raising its full-year outlook. The company achieved an adjusted EPS of $2.15, beating the IBES estimate of $2.00, and reported revenue of $1.51 billion, exceeding the $1.48 billion forecast. Following these results, Autodesk's stock rose by 5% in after-hours trading. The company also announced an increase in its fiscal 2025 billings guidance, now projected to be between $5.88 billion and $5.98 billion. Autodesk attributes its performance to disciplined execution and capital deployment, which it believes will support revenue and free cash flow growth in the coming years. The EBIT margin was reported at 23%, with an adjusted EBIT margin of 37%.

#Autodesk

Written with ChatGPT (GPT-4o).

Sources

AlphaSense@AlphaSenseInc
2 years ago
$ADSK Guidance: "We've raised our fiscal '25 billings guidance to a range between $5.88 billion and $5.98 billion. The underlying momentum of revenue is also in line with our expectations. The $40 million increase to the top end of revenue guidance reflects the expected launch… https://t.co/hts5sbEheD
Markets News@MarketsDotNews
2 years ago
Autodesk surpasses fiscal Q2 goals, raises full-year outlook after exceeding analyst estimates for the quarter. $ADSK
FinChat@finchat_io
2 years ago
Autodesk reports YoY growth across every segment. "Disciplined execution and capital deployment... will underpin the mechanical build of revenue and free cash flow over the next few years." Stock is up 5% after hours. $ADSK https://t.co/vOqSyRMHcC

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Autodesk Exceeds Q2 Expectations, Stock Up 5%

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