Autodesk (ADSK -1.16%), the software company known for its architectural, engineering, and construction design tools, released results for its fiscal 2025 fourth quarter on Feb. 27. Non-GAAP earnings per share (EPS) of $2.29 surpassed Wall Street's consensus estimates by $0.15, while revenue of $1.639 billion was essentially in line with the $1.631 billion expected.
Although the revenue and EPS for Autodesk (ADSK) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Autodesk (ADSK) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $2.09 per share a year ago.
Autodesk forecast annual revenue and profit above Wall Street estimates on Thursday, boosted by strong demand for its design and engineering software across industries such as construction and manufacturing.
Autodesk's job cuts will hit 9% of its headcount and make facility reductions. The maker of design software wants to make the most of its shift toward direct billing and self-service sales.
Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial intelligence.
Following Thursday's selling action, Caroline Woods and Kevin Green join Oliver Renick to examine another slate of tech earnings in the wake of Nvidia's (NVDA) report. For NetApp (NTAP), earnings failed to surpass Street expectations and shares plummeted in early reaction to the news.
Autodesk, Inc. ADSK will release its financial results for the fourth quarter, after the closing bell, on Thursday, Feb. 27, 2025.
ADSK's fourth-quarter fiscal 2025 results are likely to gain from strong renewal rates. However, the new transaction model can cause short-term pressure.
Besides Wall Street's top -and-bottom-line estimates for Autodesk (ADSK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended January 2025.
The latest trading day saw Autodesk (ADSK) settling at $304.99, representing a +1.28% change from its previous close.
Autodesk (ADSK) closed the most recent trading day at $306.85, moving +0.2% from the previous trading session.