ADSK's second-quarter fiscal 2025 results reflect gains from growth across products and regions in AEC and manufacturing product families.
Autodesk Inc (NASDAQ:ADSK) and MongoDB Inc (NASDAQ:MDB) are enjoying post-earnings tailwinds this morning.
Autodesk, Inc. ADSK posted better-than-expected second-quarter EPS and revenues on Thursday.
The design-software company tops quarterly estimates and boosts its outlook.
Autodesk, Inc. (NASDAQ:ADSK ) Q2 2025 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Simon Mays-Smith - VP, IR Andrew Anagnost - CEO Betsy Rafael - Interim CFO Conference Call Participants Saket Kalia - Barclays Jay Vleeschhouwer - Griffin Securities Adam Borg - Stifel Jason Celino - KeyBanc Capital Markets Elizabeth Porter - Morgan Stanley Joe Vruwink - Baird Ken Wong - Oppenheimer & Co Tyler Radke - Citigroup Operator Good day, and thank you for standing by. Welcome to the Q2 Fiscal '25 Autodesk Earnings Conference Call.
Although the revenue and EPS for Autodesk (ADSK) give a sense of how its business performed in the quarter ended July 2024, 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 $2.15 per share, beating the Zacks Consensus Estimate of $2 per share. This compares to earnings of $1.91 per share a year ago.
Autodesk, a maker of software for computer-aided design and workflows, beat analyst estimates for its fiscal second quarter.
Autodesk raised its forecast for fiscal 2025 revenue and profit on Thursday, citing robust spending on its design software amid signs of an easing economy, sending shares up more than 5% in extended trading.
ADSK's fiscal second-quarter 2025 results may show robust software demand but caution is warranted given its maturing subscription model and high valuation.
Autodesk has underperformed the S&P 500 YTD, with upcoming Q2 earnings on August 29 expected to show 10% revenue growth and 5% non-GAAP EPS growth YoY. Activist investor Starboard urges Autodesk to improve margins and replace the CEO, due to questionable business practices and misleading shareholders. Despite product innovation with Project Bernini and a new transaction model, uncertainties around management and accounting practices blur growth prospects.
Evaluate the expected performance of Autodesk (ADSK) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.