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Autodesk projects quarterly results above estimates on cloud subscription, AI design tools demand
Reutersยท 2025-11-25 22:10
Core Viewpoint - Autodesk forecasts fourth-quarter revenue and profit exceeding Wall Street estimates, driven by consistent subscription renewals and increasing demand for cloud-based design solutions [1] Group 1: Financial Performance - The company anticipates strong financial results for the fourth quarter, with revenue and profit projections above market expectations [1] - Steady subscription renewals are a key factor contributing to the positive outlook [1] Group 2: Market Demand - There is a growing demand for Autodesk's cloud-based design software, which supports the company's revenue growth [1]