Media & Entertainment
Media and Entertainment
Media and Entertainment
Wed, November 27, 2024
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Autodesk Q3 Earnings and Sales Surpass Estimates, Improve Y/Y
- Autodesk ADSK reported third-quarter fiscal 2025 non-GAAP earnings of $2.17 per share, which beat the Zacks Consensus Estimate by 2.84% and improved 4.83% year over year. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.
Autodesk reported its third-quarter earnings, surpassing Wall Street expectations with adjusted earnings of $2.07 per share, compared to the anticipated $1.99 per share. The company also exceeded revenue forecasts, reporting $1.41 billion against the expected $1.39 billion. This performance marks a year-over-year improvement, with earnings up from $1.70 per share and revenue increasing from $1.28 billion in the same quarter of the previous year. The growth was driven by strong demand for Autodesk's design software, particularly in sectors like construction, manufacturing, and architecture. Additionally, Autodesk raised its full-year guidance, reflecting confidence in continued growth and operational efficiency.
Read the Full MSN Article at [ https://www.msn.com/en-us/money/topstocks/autodesk-q3-earnings-and-sales-surpass-estimates-improve-y-y/ar-AA1uRhnV ]
Read the Full MSN Article at [ https://www.msn.com/en-us/money/topstocks/autodesk-q3-earnings-and-sales-surpass-estimates-improve-y-y/ar-AA1uRhnV ]
