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.
News about Autodesk, Inc. (NASDAQ: ADSK) focuses on its role as a global Design and Make software company and on the financial and strategic developments that shape its business. Autodesk regularly issues press releases and Form 8-K filings reporting quarterly financial results, key performance metrics, and guidance for future periods. These updates cover revenue trends across its Design, Make, and Other product types, as well as performance by geographic regions and product families such as AECO, AutoCAD and AutoCAD LT, Manufacturing, and Media and Entertainment.
Investors following ADSK news will see announcements about earnings results, billings, recurring revenue, free cash flow, and operating margins, often accompanied by commentary from Autodesk’s leadership. The company also provides business outlooks and discusses macroeconomic assumptions, tax rate expectations, and the use of non-GAAP financial measures to supplement GAAP reporting.
Beyond earnings, Autodesk news highlights product and platform developments, especially in AI and media and entertainment. For example, Autodesk has launched Autodesk Flow Studio, an AI-powered VFX and animation tool, and introduced freemium and tiered pricing to make professional-grade AI tools more accessible to creators. News releases also describe partnerships, such as Autodesk’s multi-year collaboration with the Kraft Group as the Official Design and Make Platform for the New England Patriots, and its designation as the Official Design and Make Platform of the LA28 Olympic and Paralympic Games and Team USA.
Autodesk also announces investor events, including participation in technology and AI conferences and digital investor days, as well as invitations to quarterly financial results conference calls. For anyone tracking ADSK, this news stream provides insight into Autodesk’s financial performance, strategic direction in cloud, platform, and AI, and the ways its technology is used across architecture, construction, manufacturing, and media and entertainment.
Autodesk (NASDAQ: ADSK) has filed its Form 10-K for the fiscal year ending January 31, 2024, and its Form 10-Q for the quarter ending April 30, 2024.
The company will host a conference call to discuss its Q1 fiscal 2025 financial results on Tuesday, June 11, 2024, at 2 p.m. PT.
Interested parties can join the live webcast or access the audio replay on Autodesk's investor relations website.
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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