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Autodesk Fiscal Q2 Non-GAAP Net Income, Revenue Rise; Shares Jump After Hours
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Autodesk Fiscal Q2 Non-GAAP Net Income, Revenue Rise; Shares Jump After Hours
Aug 31, 2024 9:35 PM

04:31 PM EDT, 08/29/2024 (MT Newswires) -- Autodesk ( ADSK ) reported fiscal Q2 non-GAAP net income late Thursday of $2.15 per share, up from $1.91 a year earlier.

Analysts polled by Capital IQ expected $2.

Revenue in the three months ended July 31 rose to $1.51 billion from $1.35 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.48 billion.

For fiscal Q3, the company expects non-GAAP EPS of $2.08 to $2.14 on revenue of $1.56 billion to $1.57 billion. Analysts polled by Capital IQ forecast EPS of $2.11 on revenue of $1.55 billion.

For fiscal 2025, Autodesk ( ADSK ) boosted non-GAAP EPS guidance to the range of $8.18 to $8.31 on revenue of $6.08 billion to $6.13 billion from the previous forecast of EPS at $7.99 to $8.21 on revenue of $5.99 billion to $6.09 billion.

Analysts expect EPS of $8.12 on revenue of $6.05 billion.

Shares of the company rose 5.3% in recent after-hours activity.

Price: 271.89, Change: +13/66, Percent Change: +5.29

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