Autodesk Inc. (NASDAQ:ADSK) posted its second-quarter results after Thursday’s closing bell and issued third-quarter EPS guidance below estimates.
Here’s a look at the key figures from the quarter.
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Autodesk Q2 Details
Autodesk reported quarterly earnings of $3.30 per share, which beat the analyst consensus estimate of $3.12 by 5.77%, according to Benzinga Pro data.
Quarterly revenue of $2.05 billion beat the Street estimate of $2.01 billion.
“We delivered strong second quarter results with consistent execution and momentum. Our sales reorganization is proceeding as expected,” said Janesh Moorjani, Autodesk CFO.
“We have increased our fiscal 27 billings and revenue growth guidance to reflect higher underlying growth expectations, as well as the incremental contribution from MaintainX,” Morrjani added.
Looking Ahead
Autodesk expects third-quarter adjusted EPS of $3.04-$3.09, versus the $3.14 analyst estimate, and expects revenue of $2.13 billion to $2.14 billion, versus the $2.08 billion estimate.
ADSK Stock Price Activity: According to data from Benzinga Pro, Autodesk stock was down 4.83% to $257.20 in Thursday’s extended trading.
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