Autodesk Stock Jumps 5% On Q2 Earnings: The Details
Portfolio Pulse from Adam Eckert
Autodesk Inc (NASDAQ:ADSK) reported strong Q2 earnings, surpassing revenue and EPS estimates. The company showed a 12% year-over-year revenue increase and provided optimistic guidance for Q3 and the full year. Shares rose 5.86% in after-hours trading.
August 29, 2024 | 9:05 pm
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Autodesk reported Q2 earnings that exceeded expectations, with revenue at $1.5 billion and EPS at $2.15. The company also provided strong guidance for Q3 and the full year, leading to a 5.86% increase in after-hours trading.
Autodesk's Q2 earnings exceeded expectations, with both revenue and EPS beating estimates. The company also provided strong guidance for the upcoming quarter and full year, indicating continued growth. This positive financial performance and outlook have led to a significant increase in the stock price in after-hours trading.
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