Welcome to our dedicated page for Autodesk news (Ticker: ADSK), a resource for investors and traders seeking the latest updates and insights on Autodesk stock.
Autodesk, Inc. (ADSK) provides cutting-edge software solutions for professionals in architecture, engineering, manufacturing, and media. This page serves as a centralized hub for all official company announcements, financial updates, and industry developments.
Key features: Track Autodesk's latest earnings reports, product innovations, sustainability initiatives, and strategic partnerships. Investors gain insights into subscription model performance and cloud adoption trends, while industry professionals stay informed about tools shaping design workflows.
Content includes: Press releases on software updates like AutoCAD and Revit, acquisitions in digital construction, AI-driven design tools, and financial results. All materials are sourced directly from Autodesk and reputable financial publications.
Bookmark this page for real-time updates on how Autodesk continues to transform industries through its Design and Make Platform and cloud-based collaboration solutions.
Autodesk (NASDAQ: ADSK) has completed an internal investigation regarding its free cash flow and non-GAAP operating margin practices. The investigation revealed no need for restatement of financial statements. Preliminary results for Q1 FY25 show revenue of approximately $1.42 billion, GAAP diluted EPS at $1.16, and non-GAAP diluted EPS at $1.87. The company also announced executive appointments, with Elizabeth Rafael as Interim CFO and Deborah Clifford as Chief Strategy Officer. Autodesk is working to file its annual report and hold an earnings call soon.
Autodesk announced the acquisition of Wonder Dynamics, a company specializing in AI-powered 3D animation and VFX solutions. Wonder Dynamics' key product, Wonder Studio, integrates with popular tools like Autodesk Maya to streamline the creation of 3D content. This acquisition aims to democratize access to advanced VFX and CGI workflows, making them more affordable and efficient. Autodesk believes this move will empower creators of all skill levels to enhance their projects with sophisticated 3D elements, aligning with its mission to innovate and support the Media & Entertainment industry. Terms of the deal were not disclosed.
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