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The world of artificial intelligence has been experiencing a major shift in sentiment lately, especially as the leader of the technology sector recently missed expectations for the future. Shares of NVIDIA Co. NASDAQ: NVDA are now trading lower for the second consecutive day since the company announced its second-quarter 2024 earnings results.
Andrew Anagnost, Autodesk CEO, joins CNBC's 'Money Movers' to discuss the company's Q2 earnings, impact from activist investor Starboard Value, and more.
Autodesk, Inc. ADSK posted better-than-expected second-quarter EPS and revenues on Thursday.
SAN FRANCISCO , Aug. 30, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conferences: September 5, 2024 Citi 2024 Global TMT Conference September 11, 2024 Goldman Sachs Communacopia & Technology Conference A live webcast and replay of the presentations will be available through Autodesk's Investor Relations Website at investors.autodesk.com. Please go to the website 15 minutes early to register, download and install any necessary software.
Autodesk, Inc. (NASDAQ:ADSK ) Q2 2025 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Simon Mays-Smith - VP, IR Andrew Anagnost - CEO Betsy Rafael - Interim CFO Conference Call Participants Saket Kalia - Barclays Jay Vleeschhouwer - Griffin Securities Adam Borg - Stifel Jason Celino - KeyBanc Capital Markets Elizabeth Porter - Morgan Stanley Joe Vruwink - Baird Ken Wong - Oppenheimer & Co Tyler Radke - Citigroup Operator Good day, and thank you for standing by. Welcome to the Q2 Fiscal '25 Autodesk Earnings Conference Call.
Autodesk (ADSK) popped after lifting its guidance and outlook following a 2Q earnings beat. George Tsilis joins Oliver Renick to break down the tech company's latest report.
Autodesk, a maker of software for computer-aided design and workflows, beat analyst estimates for its fiscal second quarter.
Autodesk raised its forecast for fiscal 2025 revenue and profit on Thursday, citing robust spending on its design software amid signs of an easing economy, sending shares up more than 5% in extended trading.
Autodesk has underperformed the S&P 500 YTD, with upcoming Q2 earnings on August 29 expected to show 10% revenue growth and 5% non-GAAP EPS growth YoY. Activist investor Starboard urges Autodesk to improve margins and replace the CEO, due to questionable business practices and misleading shareholders. Despite product innovation with Project Bernini and a new transaction model, uncertainties around management and accounting practices blur growth prospects.
The Investment Committee discuss the latest Calls Of The Day.