Autodesk (ADSK) Tops Q4 EPS by 14c; offers guidance

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Autodesk (ADSK) shares jump on Q4 beat and double-digit revenue growth guide

February 29, 2024 4:11 PM EST

Shares of Autodesk (NASDAQ: ADSK) jumped over 9% in premarket trading Friday after the software maker posted stronger-than-expected Q4 results and issued a double-digit revenue growth guidance for the full fiscal 2025.

For the FQ4 2024, ADSK posted earnings per share (EPS) of $2.09, topping the consensus estimates of $1.95. The company's quarterly revenue also exceeded forecasts, reaching $1.47 billion against an expected $1.43 billion.

The non-GAAP operating margin remained steady at 36 percent, flat compared to the... More