Autodesk's 2Q25 revenue grew 12% to $1.5 billion, beating guidance, with gross margins expanding to ~93% and free cash flow margin improving to 13.5%. Positive macro indicators, such as potential Fed rate cuts and a stabilized construction backlog, suggest strong future construction activity, benefiting ADSK. The new transaction model rollout is ahead of schedule, enhancing pricing control, cross-selling opportunities, and operational efficiencies, supporting robust future growth.
Autodesk stock (NASDAQ: ADSK) price rose by 5.9% on Thursday, 29th August, even as the benchmark S&P 500 index traded sideways. Autodesk's peer Oracle (NYSE: ORCL) did not have a good day either, with its stock barely moving the needle.
The world of artificial intelligence has been experiencing a major shift in sentiment lately, especially as the leader of the technology sector recently missed expectations for the future. Shares of NVIDIA Co. NASDAQ: NVDA are now trading lower for the second consecutive day since the company announced its second-quarter 2024 earnings results.
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.