Shares of Autodesk (NASDAQ:ADSK) jumped over 5% following the closing bell on Thursday after the software maker posted stronger-than-expected Q4 results and issued an upbeat revenue guidance for the full fiscal 2025.
For the FQ4 2024, ADSK posted earnings per share (EPS) of $2.09, topping the consensus estimates of $1.95. The company's quarterly revenue also exceeded forecasts, reaching $1.47 billion against an expected $1.43 billion.
The non-GAAP operating margin remained steady at 36 percent, flat compared to the year-ago period.
Looking ahead, Autodesk projects an EPS in the range of $1.73 to $1.78 for FQ1 2025, which is in line with the higher end of the consensus of $1.78.
Revenue is anticipated to be between $1.385 billion and $1.4 billion, compared to the $1.389 billion expected by analysts.
For the full fiscal year 2025, Autodesk anticipates an EPS between $7.89 and $8.11, compared to expectations of $8.11.
The company's revenue forecast for the year is set between $5.99 billion and $6.09 billion, slightly above the consensus estimate of $5.978 billion.
"Autodesk remains resilient and underlying demand for our products and services is robust. As a result, revenue grew 14 percent at constant currency in the fourth quarter," said Debbie Clifford, CFO of Autodesk.
"Adjusting the mid-point of our guidance to exclude noise from the new transaction model, acquisitions, the absence of EBA true-up revenue, and FX, we expect underlying revenue to grow more than 10 percent in fiscal 25."