Published on 26 May 2023 on Zacks via Yahoo Finance
Autodesk ADSK reported first-quarter fiscal 2024 non-GAAP earnings of $1.55 per share, which was in line with the Zacks Consensus Estimate. The bottom line improved 8.4% year over year.
The company reported revenues of $1.27 billion, which also matched the consensus mark. The figure grew 8% year over year. On a constant-currency basis, revenues were up 12%. The upside was driven by resilient subscription renewal rates, new business growth and strong competitive performance.
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