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ADSK Autodesk Inc

222.00
0.60 (0.27%)
Pre Market
Last Updated: 11:00:36
Delayed by 15 minutes
Share Name Share Symbol Market Type
Autodesk Inc NASDAQ:ADSK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 0.27% 222.00 218.00 223.67 564 11:00:36

Autodesk Raises Full-Year Guidance After 3Q Revenue, Profit Rise

21/11/2023 10:12pm

Dow Jones News


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By Ben Glickman

 

Autodesk raised the lower end of its full-year guidance after third-quarter revenue and profit rose more than expected.

The San Francisco-based design software company now expects earnings per share of $3.88 to $3.94 for fiscal 2024, compared with previous guidance of $3.75 to $3.94. Analysts polled by FactSet expect $3.87 a share.

Autodesk now expects revenue of $5.45 billion to $5.465 billion for the fiscal year, compared with prior guidance of $5.405 billion to $5.455 billion. Analysts expect full-year sales of $5.435 billion, according to FactSet.

Autodesk's revenue and profit both rose in the fiscal third quarter, as the company saw larger-than-expected increases in agreements with existing customers.

 

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

November 21, 2023 16:57 ET (21:57 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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