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Jan 31, 2024
Autodesk Q4 2024 Earnings Report
Autodesk's Q4 2024 financial results were announced, showcasing revenue growth and stable operating margins.
Key Takeaways
Autodesk reported an 11% increase in revenue to $1.47 billion for the fourth quarter of fiscal year 2024, with a GAAP EPS of $1.31 and a non-GAAP EPS of $2.09. The company's operating margins remained flat, and current remaining performance obligations grew by 13% to $4.0 billion.
Total revenue increased by 11% to $1.47 billion.
GAAP operating margin was 21%, consistent with the prior year.
Non-GAAP operating margin was 36%, also consistent year-over-year.
Current remaining performance obligations grew 13% to $3.98 billion.
Revenue by Geographic Location
Forward Guidance
Autodesk provided guidance for Q1 and full-year fiscal 2025, taking into consideration the current economic and foreign exchange environment.
Positive Outlook
- Q1 FY25 revenue is expected to be between $1.385 billion and $1.400 billion.
- Q1 FY25 GAAP EPS is projected to be $0.96 to $1.01.
- Q1 FY25 non-GAAP EPS is expected to be $1.73 to $1.78.
- FY25 revenue is anticipated to be between $5.990 billion and $6.090 billion, representing a 9% - 11% increase.
- FY25 free cash flow is projected to be $1.430 billion to $1.500 billion.
Challenges Ahead
- Guidance considers the current economic environment and foreign exchange currency rate environment.
- FY25 GAAP operating margin is expected to be 20% - 21%.
- FY25 non-GAAP operating margin is expected to be 35% - 36%.
- FY25 GAAP EPS is projected to be $4.41 to $4.63.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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