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Friday, 25 August 2023

ADSK Earnings: Highlights of Autodesk’s Q2 2024 results

by Rose White

Design software company Autodesk, Inc. (NASDAQ: ADSK) reported higher earnings and revenues for the second quarter. The company also provided guidance for the third quarter and fiscal 2024.

ADSK Earnings: Highlights of Autodesk’s Q2 2024 results

ADSK Earnings: Highlights of Autodesk’s Q2 2024 results

Second-quarter net income was $222 million or $1.03 per share, compared to $186 million, or $0.85 per share last year. Adjusted earnings increased 16% year-over-year to $1.91 per share. The bottom line growth was driven by a 9% increase in revenues to $1.35 billion.

“Our sustained momentum in the second quarter, and early expansion of some enterprise business agreements expected to renew later in the year, reduce the likelihood of our more cautious forecast scenarios,” said Autodesk’s CFFO Debbie Clifford.

Prior Performance

  • Autodesk Q3 2023 earnings infographic
  • Autodesk Q2 2023 earnings infographic

The post ADSK Earnings: Highlights of Autodesk’s Q2 2024 results first appeared on AlphaStreet.

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