Autodesk exceeded Q1 expectations, raised outlook due to macroeconomic uncertainty

From Yahoo Finance: 2025-05-23 10:56:00

Software maker Autodesk reported stronger-than-expected quarterly results, with adjusted EPS of $2.29 and revenue up 15% to $1.63 billion, surpassing forecasts. Billings rose 29% to $1.43 billion, driven by growth in Design and Make divisions. The company raised its full-year outlook to EPS of $9.50 to $9.73 and revenue of $6.925 billion to $6.995 billion, citing macroeconomic uncertainty. CEO Andrew Anagnost commended the performance despite challenges, while CFO Janesh Moorjani highlighted cautious growth assumptions. Autodesk shares remained flat year-to-date.

Read more: Autodesk Posts Better-Than-Expected Q1 Results, Raises Outlook