Key TakeawaysAutodesk reported better-than-expected adjusted profit and sales, but shares fell as the design software maker announced a CFO change.Interim CFO Betsy Rafael will be replaced by Janesh Moorjani at the end of the fiscal year.Rafael moved into the post in May following an audit committee report about the company's accounting practices. Autodesk (ADSK) shares fell 6% Wednesday, a day after the design software maker's solid results were overshadowed by questions about the effect of a Chief Financi ...

Autodesk (ADSK) reported third-quarter fiscal 2025 non-GAAP earnings of $2.17 per share, which beat the Zacks Consensus Estimate by 2.84% and improved 4.83% year over year. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The company reported revenues of $1.57 billion, which beat the consensus mark by 0.45% and grew 11% year over year. The company generated broad-based growth across products and regions in AEC and manufacturing, along with strong renewal rates. Autodesk launched the n ...

Autodesk, Inc. (NASDAQ:ADSK) Q3 2025 Results Conference Call November 26, 2024 5:00 PM ET Company Participants Simon Mays-Smith - VP, IR Andrew Anagnost - CEO Betsy Rafael - Interim CFO Conference Call Participants Jason Celino - KeyBanc Capital Markets Jay Vleeschhouwer - Griffin Securities Adam Borg - Stifel Joe Vruwink - Baird Elizabeth Porter - Morgan Stanley Bhavin Shah - Deutsche Bank Tyler Radke - Citi Michael Turrin - Wells Fargo Mike Richards - RBC Capital Markets Steve Tusa - JPMorgan Joshua Tilto ...

Autodesk (ADSK) reported $1.57 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 11%. EPS of $2.17 for the same period compares to $2.07 a year ago.The reported revenue represents a surprise of +0.48% over the Zacks Consensus Estimate of $1.56 billion. With the consensus EPS estimate being $2.11, the EPS surprise was +2.84%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

Autodesk (ADSK) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $2.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.84%. A quarter ago, it was expected that this design software company would post earnings of $2 per share when it actually produced earnings of $2.15, delivering a surprise of 7.50%.Over the last four quarters, the comp ...

Revenue and Profitability - Total revenue increased 11% to $1.57 billion in Q3 FY25[3] - Subscription revenue for the three months ended October 31, 2024, was $1.457 billion, compared to $1.314 billion in the same period last year[42] - Total net revenue for the three months ended October 31, 2024, reached $1.570 billion, up from $1.414 billion in the previous year[42] - Gross profit for the three months ended October 31, 2024, was $1.423 billion, compared to $1.287 billion in the same period last year[42] - Net income for the three months ended October 31, 2024, was $275 million, up from $241 million in the previous year[42] - Net income for the nine months ended October 31, 2024, was $809 million, compared to $624 million in the same period in 2023[46] - Full-year FY25 revenue guidance is $6.115 billion to $6.130 billion, up approximately 11%[15] Operating Margins and Earnings - GAAP operating margin was 22%, down 2 percentage points[3] - Non-GAAP operating margin was 36%, down 3 percentage points[3] - GAAP diluted EPS was $1.27; Non-GAAP diluted EPS was $2.17[3] - Non-GAAP operating margin for the nine months ended October 31, 2024, was 36%, compared to 36% in 2023[51] - Non-GAAP income from operations for the nine months ended October 31, 2024, was $1,623 million, compared to $1,440 million in 2023[51] - Non-GAAP diluted net income per share for the nine months ended October 31, 2024, was $6.18, compared to $5.51 in 2023[53] Cash Flow and Financial Position - Cash flow from operating activities was $209 million; free cash flow was $199 million[3] - Net cash provided by operating activities for the nine months ended October 31, 2024, was $915 million, compared to $876 million in 2023[46] - Free cash flow for the nine months ended October 31, 2024, was $889 million, compared to $855 million in 2023[53] - Total current assets as of October 31, 2024, were $2.899 billion, compared to $3.579 billion as of January 31, 2024[44] - Deferred revenue as of October 31, 2024, was $3.277 billion, down from $3.500 billion as of January 31, 2024[44] - Total liabilities and stockholders' equity as of October 31, 2024, were $10.133 billion, compared to $9.912 billion as of January 31, 2024[44] Expenses and Costs - Research and development expenses for the three months ended October 31, 2024, were $378 million, up from $339 million in the same period last year[42] - Marketing and sales expenses for the three months ended October 31, 2024, were $525 million, compared to $439 million in the previous year[42] - Total operating expenses for the three months ended October 31, 2024, were $1.077 billion, up from $953 million in the same period last year[42] - Stock-based compensation expense for the nine months ended October 31, 2024, was $500 million, compared to $543 million in 2023[51] - Amortization of developed technologies for the nine months ended October 31, 2024, was $59 million, compared to $31 million in 2023[51] - Acquisition-related costs for the nine months ended October 31, 2024, were $39 million, compared to $16 million in 2023[51] Business Performance Metrics - Total billings increased 28% to $1.54 billion[5] - Recurring revenue represents 97% of total revenue[6] - Net revenue retention rate remained within the range of 100 to 110% on a constant currency basis[8] - Remaining performance obligations (RPO) increased 17% to $6.11 billion[8] - Business combinations, net of cash acquired, amounted to $801 million in the nine months ended October 31, 2024, compared to $44 million in 2023[46]

SAN FRANCISCO, Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced the appointment of Janesh Moorjani as the company's chief financial officer, effective December 16, 2024. Moorjani brings over 20 years of experience in the technology industry, with deep expertise in driving growth and efficiency at scale. Most recently, Moorjani served as CFO and COO of Elastic NV (NYSE: ESTC), the Search AI Company.Reporting to chief executive officer Andrew Anagnost, Moorjani will lead and oversee ...

Autodesk’s (ADSK) shares have risen 26.4% year to date (YTD), underperforming the broader Zacks Computer and Technology sector’s appreciation of 27.8%.However, ADSK has outperformed the Zacks Computer – Software industry and its peers like Intuit (INTU) , ANSYS (ANSS) and Verint Systems (VRNT) .In the same time frame, INTU shares have gained 4.1%, while Ansys and Verint have declined 5.7% and 13.8%, respectively. The industry has risen 16.3% YTD. The company’s outperformance can be attributed to the strengt ...

Wall Street analysts forecast that Autodesk (ADSK) will report quarterly earnings of $2.11 per share in its upcoming release, pointing to a year-over-year increase of 1.9%. It is anticipated that revenues will amount to $1.56 billion, exhibiting an increase of 10.5% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead ...

Autodesk (ADSK) closed the most recent trading day at $305.20, moving +1.04% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.4%. Elsewhere, the Dow lost 0.28%, while the tech-heavy Nasdaq added 1.04%. Coming into today, shares of the design software company had gained 4.23% in the past month. In that same time, the Computer and Technology sector gained 0.18%, while the S&P 500 gained 0.62%. The upcoming earnings release of Autodesk will be of great i ...