earnings
confidence high
sentiment positive
materiality 0.80
Autodesk Q2 FY2024 revenue up 9% (12% cc) to $1.345B; GAAP EPS $1.03, non-GAAP $1.91; raises guidance lower end
Autodesk, Inc.
2024-Q2 EPS reported
$1.77
revenue$2,614,000,000
- Revenue $1.345B, +9% as reported, +12% constant currency; recurring revenue 98% of total.
- GAAP diluted EPS $1.03 (vs $0.85 prior year); Non-GAAP diluted EPS $1.91 (vs $1.65).
- GAAP operating margin 19% (down 1pp); Non-GAAP operating margin flat at 36%; operating income $262M/$489M.
- Cash flow from ops $135M (down $122M); free cash flow $128M (down $118M); current RPO $3.51B (+12%).
- Guidance: raising low end of ranges; CFO cites sustained momentum and early enterprise expansions.