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Autodesk: Fiscal Q3 Earnings Snapshot

Autodesk: Fiscal Q3 Earnings Snapshot

By AP News
Published - Nov 26, 2024, 04:11 PM ET
Last Updated - Dec 16, 2024, 05:12 PM EST

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Autodesk Inc. (ADSK) on Tuesday reported fiscal third-quarter profit of $275 million.

The San Francisco-based company said it had net income of $1.27 per share. Earnings, adjusted for stock option expense and amortization costs, were $2.17 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.11 per share.

The design software company posted revenue of $1.57 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $1.56 billion.

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