Earnings: Everything you need to know about Autodesk’s Q4 2024 report

Earnings: Everything you need to know about Autodesk’s Q4 2024 report

Design software company Autodesk, Inc. (NASDAQ: ADSK) has reported higher revenues and adjusted earnings for the fourth quarter of 2024. The company also provided guidance for the first quarter and fiscal 2025.

Autodesk Q4 2024 earnings infographicAutodesk Q4 2024 earnings infographic

Fourth-quarter net income was $282 million or $1.31 per share, compared to $293 million, or $1.35 per share last year. Adjusted earnings increased 12% year-over-year to $2.09 per share during the three months. The bottom line growth was driven by an 11% increase in revenues to $1.47 billion.

“Adjusting the mid-point of our guidance to exclude noise from the new transaction model, acquisitions, the absence of EBA true-up revenue, and FX, we expect underlying revenue to grow more than 10 percent in fiscal 25,” said Autodesk’s CFO Debbie Clifford.

Prior Performance

Related Post
whatsapp
line