The software maker reported a mixed outlook for the third quarter and full year, with profit projections that fall short of expectations, and revenue projections that beat Wall Street's estimates.
Autodesk forecast third-quarter adjusted profit below expectations on Thursday, sending its shares down more than 5% in extended trading, as investors worry over the potential disruption from AI tools on the software company.
- Second quarter revenue grew 16 percent year over year as reported, 14 percent on a constant currency basis, to $2.05 billion SAN FRANCISCO, Aug. 27, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the second quarter of fiscal 2027, ended July 31, 2026. "AI turns connected data and context into actionable project intelligence that can ease endemic capaci...
Treseder cited insights gleaned from the company's recent AI jobs report. "It showed that while 82% of people are very comfortable using LLMs in their daily lives, only a third of people are comfortable using AI in their job," she said.
Starting June 4, customers globally can purchase Autodesk Flex with a new lower minimum of 33 tokens for $99, a reduction from the previous minimum of 100 tokens for $300. The lower minimum is designed to make it more flexible and affordable for small businesses to get started, pay for only what they need, and scale usage as project needs change.
Fusion products will be available via AWS Marketplace SAN FRANCISCO, June 3, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK), a global leader in design and make technology, today announced it has signed a strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS). Through this collaboration, Autodesk will work with AWS to advance cloud-based solutions that help customers de...
Shares of Autodesk ADSK fell sharply on Friday despite the company reporting stronger-than-expected quarterly earnings, as investors reacted cautiously to its planned $3.6 billion acquisition of maintenance software company MaintainX. Autodesk stock dropped about 4% in trading to around $230 after the company announced the all-cash acquisition, its largest deal to date.