Categories AlphaGraphs, Earnings, Technology
Earnings: A snapshot of Autodesk’s (ADSK) Q3 2024 results
Design software company Autodesk, Inc. (NASDAQ: ADSK) reported an increase in adjusted earnings and revenues for the third quarter. The company also provided guidance for the fourth quarter and fiscal 2024.
Third-quarter net income was $241 million or $1.12 per share, compared to $198 million, or $0.91 per share last year. Adjusted earnings increased 22% year-over-year to $2.07 per share. The bottom line growth was driven by a 10% increase in revenues to $1.41 billion.
“Overall market conditions and the underlying momentum of the business remained similar to the last few quarters. Our financial performance in the third quarter was strong with much of the outperformance coming from larger-than-expected expansions of existing EBAs,” said Autodesk’s CFFO Debbie Clifford.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its
