Autodesk Reports Q2 Beat & Provides Guidance, Shares Up 2%
<p><a href='https://financialmodelingprep.com/financial-summary/ADSK'>Autodesk, Inc. (NASDAQ:ADSK)</a> shares closed more than 2% higher on Thursday following the company’s reported Q2 results, with EPS of $1.65 coming in better than the Street estimate of $1.57. Revenue was $1.24 billion, above the Street estimate of $1.22 billion.</p>
<p>Management delivered a modest raise to billings, revenue, and FCF (ex-FX) guidance against a very negative sentiment backdrop. </p>
<p>For the full 2023-year, the company expects EPS in the range of $6.52-$6.71, compared to the Street estimate of $6.54. Revenue is expected to be in the range of $4.99-5.04 billion, compared to the Street estimate of $5.01 billion. CFO Debbie Clifford indicated that the 2023 outlook assumes market conditions remain consistent with Q2.</p>

NASDAQ:ADSK