SAN FRANCISCO, CA, Nov 22, 2023 – Autodesk, Inc. reported financial results for the third quarter of fiscal 2024. This quarter’s revenue stood at $1,414M, 5.1% up compared to $1,345M of second quarter of fiscal 2024, with a profit of $241M.
“Autodesk AI and Platform Services will enable Autodesk, our customers, and partners to build more valuable, data driven, and connected products and services in our industry clouds and on our platform,” said Andrew Anagnost, Autodesk president and CEO. “Our customers remain committed to transformation, and to Autodesk, evidenced by our largest-ever EBA signed during the quarter, and record contributions from our construction and water verticals to our overall EBA performance.”
“Overall market conditions and the underlying momentum of the business remained similar to the last few quarters. Our financial performance in the third quarter was strong with much of the outperformance coming from larger-than-expected expansions of existing EBAs,” said Debbie Clifford, CFO of Autodesk. “Given that, we are raising revenue, earnings per share, and free cash flow guidance.”
A complete chart of the financial results is available here.
About Autodesk
Autodesk is changing how the world is designed and made. Their technology spans architecture, engineering, construction, product design, manufacturing, media and entertainment, empowering innovators everywhere to solve challenges big and small. From greener buildings to smarter products to more mesmerizing blockbusters, Autodesk software helps their customers to design and make a better world for all.
For more information, visit autodesk.com.
