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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.50%. A quarter ago, it was expected that this design software company would post earnings of $1.78 per share when it actually produced earnings of $1.87, delivering a surprise of 5.06%.Over the last four quarters, the comp ...

Second quarter fiscal 2025 earnings August 29, 2024 Safe harbor 2 This presentation contains forward looking statements about revenue, billings, free cash flow, operating margin, EPS, products, future performance, financial and otherwise, and strategy, including statements regarding our progress on our key priorities, business models, guidance for the third fiscal quarter and full fiscal year 2025, and our longterm financial objectives. There are a significant number of factors that could cause actual resul ...

Revenue Growth - Total revenue for Q2 FY2025 increased by 12% to $1.51 billion, with a 13% increase at constant exchange rates [2]. - Total billings rose by 13% to $1.24 billion, reflecting strong demand across products and regions [4]. - Recurring revenue accounted for 97% of total revenue, indicating a stable revenue base [4]. - Design revenue grew by 9% to $1.26 billion, while Make revenue surged by 25% to $162 million [4]. - Total net revenue for Q2 2024 was $1,505 million, up from $1,345 million in Q2 2023, representing a 11.9% year-over-year increase [36]. - Subscription revenue reached $1,408 million in Q2 2024, compared to $1,270 million in Q2 2023, marking a 10.9% increase [36]. - FY2025 revenue guidance is projected between $6,080 million and $6,130 million, reflecting an approximate 11% increase [13]. Profitability Metrics - GAAP operating margin improved by 4 percentage points to 23%, while non-GAAP operating margin increased by 1 percentage point to 37% [5]. - Net income for the six months ended July 31, 2024, was $534 million, up from $383 million in the same period of 2023, reflecting a 39.4% increase [40]. - Basic net income per share for Q2 2024 was $1.31, up from $1.04 in Q2 2023, representing a 26% increase [36]. - GAAP income from operations rose to $343 million in Q2 2024, compared to $262 million in Q2 2023 [46]. - Non-GAAP income from operations for Q2 2024 was $560 million, up from $489 million in Q2 2023 [46]. - Non-GAAP diluted net income per share increased to $2.15 in Q2 2024, compared to $1.91 in Q2 2023 [48]. Cash Flow and Financial Position - Cash flow from operating activities was $212 million, an increase of $77 million, and free cash flow reached $203 million, up $75 million [5]. - Net cash provided by operating activities was $212 million in Q2 2024, compared to $135 million in Q2 2023 [48]. - Free cash flow for Q2 2024 was $203 million, up from $128 million in Q2 2023 [48]. - Cash and cash equivalents decreased to $1,513 million as of July 31, 2024, down from $1,892 million at the beginning of the period [38]. - The company’s total assets increased slightly to $9,960 million as of July 31, 2024, compared to $9,912 million at the end of January 2024 [38]. Performance Obligations and Deferred Revenue - Current remaining performance obligations (RPO) increased by 11% year over year to $3.90 billion [5]. - Deferred revenue stood at $3,228 million as of July 31, 2024, down from $3,500 million at the end of January 2024 [38]. Operating Expenses and Investments - Operating expenses totaled $1,022 million in Q2 2024, compared to $956 million in Q2 2023, indicating a 6.9% increase [36]. - Autodesk's investment in business combinations for the six months ended July 31, 2024, was $801 million, significantly higher than $26 million in the same period of 2023 [40]. - Stock-based compensation expense decreased to 11% of revenue in Q2 2024 from 15% in Q2 2023 [46]. - Capital expenditures remained stable at $9 million in Q2 2024, the same as in Q2 2023 [48]. - Acquisition-related costs increased to $13 million in Q2 2024 from $2 million in Q2 2023 [46].

Autodesk (ADSK) , a leader in 3D design software, is scheduled to report second-quarter fiscal 2025 results on Aug. 29.The company anticipates revenues between $1.475 billion and $1.49 billion for the fiscal second quarter. The Zacks Consensus Estimate for the same is pegged at $1.48 billion, suggesting growth of 10.2% from the year-ago quarter.Autodesk projects non-GAAP earnings in the band of $1.98-$2.04 per share. The Zacks Consensus Estimate for the same is pegged at $2 per share, unchanged over the pas ...

Parradee KietsirikulIntroduction & Investment Thesis Autodesk (NASDAQ:ADSK) is a software platform for 3D design for engineering, construction, manufacturing, and media industries, where it enables its customers to optimize their designs, improve quality, and gain efficiency. The company has underperformed the S&P 500 and Nasdaq 100 YTD. The company is set to report its Q2 FY25 earnings on August 29, where revenue and non-GAAP EPS are expected to grow 10% and 5% YoY, respectively. While an earnings beat ...

In its upcoming report, Autodesk (ADSK) is predicted by Wall Street analysts to post quarterly earnings of $2 per share, reflecting an increase of 4.7% compared to the same period last year. Revenues are forecasted to be $1.48 billion, representing a year-over-year increase of 10.2%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this ...

In the latest trading session, Autodesk (ADSK) closed at $250.13, marking a -0.39% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.2%. On the other hand, the Dow registered a loss of 0.15%, and the technology-centric Nasdaq decreased by 0.34%.The design software company's stock has climbed by 2.39% in the past month, exceeding the Computer and Technology sector's gain of 0.96% and the S&P 500's gain of 1.93%.Analysts and investors alike will be keeping a close ey ...

3D printing doesn’t exactly conjure up the image of manufacturing. Yet, that’s exactly what it is — only this time, it involves special computer-controlled lasers that build up items from scratch. The more descriptive moniker for this technology is additive manufacturing, seeing as it’s the opposite of traditional, subtractive manufacturing that involves cutting away material to achieve a final product.More companies are now going for 3D printing because it allows them to create more intricate designs that ...

Charleston, South Carolina, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Poulin Willey Anastopoulo, LLC is investigating potential claims on behalf of Autodesk, Inc (“Autodesk” or the “Company”) (NASDAQ:ADSK) against certain of its officers and directors. If you are a current holder/owner of Autodesk securities, you may have standing to recover on behalf of the Company (and its current shareholders) by making the officers and directors who caused the harm personally liable. You also may be able to assist in improving ...

Metaverse stocks won’t make you an overnight millionaire. But with a good deal of patience, they could still make you some good money.Precedence Research predicts the global metaverse market could be worth nearly $2.3 trillion by 2033 from $92.46 billion in 2023. Also, corporate giants are racing to use the technology. That includes IKEA, McDonald’s (NYSE:MCD), Hugo Boss (OTCMKTS:BOSSY), Nike (NYSE:NKE), Adidas (OTCMKTS:ADDYY) and Walmart (NYSE:WMT) to name a few. Even governments in the UK, South Korea and ...