earnings
confidence high
sentiment positive
materiality 0.75
Autodesk Q3 revenue $1.28B (+14% YoY), non-GAAP EPS $1.70; board approves $5B buyback
Autodesk, Inc.
2023-Q3 EPS reported
$2.43
revenue$3,687,000,000
- Total revenue $1.28B (+14% YoY); Design rev $1.087B (+12%), Make rev $117M (+24%).
- GAAP operating margin 20% (up 3pp); non-GAAP operating margin 36% (up 4pp).
- GAAP diluted EPS $0.91; non-GAAP diluted EPS $1.70 vs $1.34 YoY.
- Board authorized $5B share repurchase; ~4.4M shares repurchased in first nine months at avg ~$200.
- FY23 revenue/margin/EPS guidance near prior mid-points at constant currency; billings & FCF guidance lowered.