ADSK Stock Recent News

Autodesk Inc.'s ADSK stock initially grew more than 3% in extended trading Tuesday after the software company reported quarterly results that topped analyst revenue and earnings estimates, and offered strong guidance. Autodesk reported fiscal third-quarter net earnings of $241 million, or $1.12 a share, compared with net earnings of $198 million, or 91 cents a share, in the same quarter a year earlier.

Autodesk's (ADSK) fiscal third-quarter 2024 results are likely to reflect strength in demand for software products, higher subscription revenues, steady renewals and new customer billings.

Besides Wall Street's top -and-bottom-line estimates for Autodesk (ADSK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2023.

At its Design and Make conference, Autodesk unveiled new AI-powered products for industries like architecture, manufacturing, and media. The technology provides generative design capabilities and intelligent assistance for tasks like building, product design, and 3D modeling.

Autodesk (ADSK) introduces Autodesk AI to empower users with enhanced creativity, efficiency and problem-solving capabilities across various industries.

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Autodesk has a dominant position in the market, giving it strong pricing power in the design and engineering software industry. The company's focus on AI-driven solutions and its expansion into the European market offer opportunities for future growth. Autodesk has demonstrated consistent financial performance with double-digit revenue growth, increasing margins, and prudent financial management.

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Autodesk, Inc. (NASDAQ:ADSK ) Goldman Sachs Communacopia & Technology Conference Call September 6, 2023 6:05 PM ET Company Participants Amy Bunszel - Executive Vice President, Architecture, Engineering and Construction Design Solutions Conference Call Participants Unidentified Analyst All right. Let's do a little Autodesk here.