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Autodesk Reports Better-Than-Expected Q3 Results, Shares Rise - Autodesk (NASDAQ:ADSK)
Autodesk's strong Q3 performance includes $1.85 billion revenue and 18% year-over-year growth, prompting an upward revision of full-year fiscal 2026 guidance.
- Recently, Workday, Inc. reported third-quarter revenue increased 18 to $2.42 billion for the period ended October 31, 2025, as the company raised full-year guidance, with CEO Wang stating it was 'raising guidance to reflect current momentum.'
- Design- and product-line performance indicates subscription revenue of $1,734 million and strength in AECO, with unbilled deferred revenue and RPO expanding, Autodesk said.
- The company guided full-year fiscal 2026 with revenue of $7.15- $7.17 billion and adjusted EPS of $10.18- $10.25, including Q4 guidance of $1,901- $1,917 million and non-GAAP EPS $2.59- $2.67.
- Executives told investors that Autodesk scheduled an earnings conference call today at 5 p.m. ET and a webcast replay will be available at 7 p.m. ET, with management raising full-year guidance.
- Looking ahead, cash and backlog metrics show free cash flow increased 116% and unbilled deferred revenue grew 23%, despite risks listed in the press release.
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14 Articles
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Total News Sources14
Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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