ADSK Stock Recent News

Autodesk, Inc. (NASDAQ:ADSK ) UBS Global Technology Conference November 28, 2023 3:35 PM ET Company Participants Andrew Anagnost - CEO Conference Call Participants Rich Hilliker - UBS Rich Hilliker All right. Well, hi, everyone.

Having traded in a tight, but mostly upwards, trend for the past couple of months, investors in Autodesk Inc NASDAQ: ADSK got a small pre-Thanksgiving surprise last week. And not the good kind.

Autodesk's shares have fallen by a third over the past three years despite solid earnings growth. ADSK's transition to a subscription-based model and accelerated growth during the pandemic drove increased sales and revenues. Valuations have come down significantly, but remain high, making it difficult to be optimistic about the near-term outlook.

Autodesk's third-quarter earnings exceeded analysts' expectations. The company expects slower revenue growth through fiscal 2025.

The "Halftime Report" traders debate the biggest analyst calls of the day

Autodesk Inc (NASDAQ:ADSK) is gapping lower today, after the the software name's disappointing current-quarter forecast overshadowed a better-than-expected third-quarter report.

The provider of software for computer-assisted design posted fiscal third quarter earnings on Tuesday.

Autodesk, Inc. (NASDAQ:ADSK ) Q3 2024 Earnings Conference Call November 21, 2023 5:00 PM ET Company Participants Simon Mays-Smith - VP, IR Andrew Anagnost - CEO Debbie Clifford - CFO Conference Call Participants Saket Kalia - Barclays Jay Vleeschhouwer - Griffin Securities Adam Borg - Stifel Joe Vruwink - Baird Tyler Radke - Citi Jason Celino - KeyBanc Capital Markets Michael Funk - Bank of America Matt Hedberg - RBC Bhavin Shah - Deutsche Bank Steve Tusa - JPMorgan Operator Thank you for standing by, and welcome to Autodesk's Third Quarter Fiscal Year 2024 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to VP of Investor Relations, Simon Mays-Smith.

Although the revenue and EPS for Autodesk (ADSK) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Autodesk Inc (NASDAQ:ADSK) shares moved up as much as 4% in Tuesday's after-hours session after the engineering software company reported third quarter fiscal 2024 financial results that exceeded Wall Street expectations.  Its adjusted earnings per share (EPS) for the quarter came in at $2.07, while revenue rose 10% year over year to $1.41 billion, which was boosted by expansions from existing clients.