NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Autodesk, Inc. ("Autodesk" or the "Company") (NASDAQ:ADSK). The investigation concerns whether Autodesk and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 1, 2024, Autodesk filed a Notification of Late Filing with the U.S. Securities and Exchange Commiss ...

3D printing stocks haven’t seen the surge in popularity they once did — investors recognized that the sector is capital-intensive and, while the industry matures, low margin. But that’s beginning to change as the top 3D printing stocks pivot away from focusing on hardware and begin focusing on niche, targeted software to maximize existing hardware’s potential.Expected to hit over $50 billion by 2030, the 3D printing sector is rapidly growing even as investor attention shifts away from once-popular stocks. T ...

The Invesco QQQ Trust ETF (NASDAQ:QQQ), a fund largely composed of tech stocks, has soared 45% over the past year. And in some specific semiconductor and AI-related names, the gains have been parabolic. Super Micro Computer (NASDAQ:SMCI) has rocketed more than 1,000% over the past 12 months, to give one example.While the gains have been extraordinary, there’s no guarantee that the good times will keep on rolling. For one thing, the Federal Reserve may back away from its plans to cut interest rates given a r ...

Autodesk, Inc. (NASDAQ:ADSK) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 1:30 PM ET Company Participants Jeff Kinder - Executive Vice President, Product Development & Manufacturing Solutions Simon Mays-Smith - Investor Relations Conference Call Participants Charles Tusa - JPMorgan Charles Tusa I am going to get this out of the way, because they have asked me to say the Safe Harbor. So I am going to read the Safe Harbor, because they wanted me to. We, referring to Autodesk, may make forward-l ...

Autodesk, Inc. (NASDAQ:ADSK) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 1:30 PM ET Company Participants Jeff Kinder - Executive Vice President, Product Development & Manufacturing Solutions Simon Mays-Smith - Investor Relations Conference Call Participants Charles Tusa - JPMorgan Charles Tusa I am going to get this out of the way, because they have asked me to say the Safe Harbor. So I am going to read the Safe Harbor, because they wanted me to. We, referring to Autodesk, may make forward-l ...

Earnings winners have emerged stronger this season, defying the odds in the penultimate quarter of 2023. As businesses navigate through the complexities of the current economic landscape, a major shift towards easing input costs, cost controls, and operational efficiencies is paying many dividends. Moreover, a FactSet report at the end of January showed that, with 25% of S&P 500 companies disclosing fourth quarter (Q4) results, 69% exceeded EPS forecasts and 68% beat revenue expectations.The positive moment ...

Autodesk (ADSK) reported fourth-quarter fiscal 2024 non-GAAP earnings of $2.09 per share, which beat the Zacks Consensus Estimate by 7.18% and improved 12.4% year over year.The company reported revenues of $1.46 billion, which beat the consensus mark by 2.66%. The figure rose 11.5% year over year. The upside was driven by steady subscription renewal rates, new business growth and strong competitive performance.Top-Line DetailsAutodesk’s subscription revenues (91.2% of total revenues) increased 10.3% year ov ...

Key TakeawaysAutodesk shares jumped in extended-hours trading on Thursday after the company exceeded analysts' quarterly earnings estimates and issued better-than-expected sales guidance.The company said it saw strength from enterprise and entry-level customers during the fourth quarter.Autodesk shares may run into resistance between $320 and $335 from a prior triple top chart pattern. Shares in Autodesk (ADSK) jumped more than 8% in extended-hours trading on Thursday after the 3D design software maker deli ...

And welcome to Autodesk's fourth quarter and four-year fiscal 2024 results conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. To remove yourself from the queue, you may press star 1-1 again. I would now like to hand the call over to Simon May Smith, Vice President, Investor Relations. Please go ahead. Thanks, Operator, a ...

Autodesk (ADSK) reported $1.47 billion in revenue for the quarter ended January 2024, representing a year-over-year increase of 11.5%. EPS of $2.09 for the same period compares to $1.86 a year ago.The reported revenue represents a surprise of +2.66% over the Zacks Consensus Estimate of $1.43 billion. With the consensus EPS estimate being $1.95, the EPS surprise was +7.18%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...