Autodesk Stock Jumps 10% On Strong Q2 Earnings

Autodesk shares climbed in Thursday’s after-hours session after the company posted stronger-than-expected second-quarter results, according to Benzinga. Revenue rose 17% year-over-year to $1.76 billion, topping estimates of $1.72 billion. Adjusted earnings came in at $2.62 per share, ahead of the $2.45 consensus. Autodesk CEO Andrew Anagnost said the company is optimistic about the future, citing its AI tools, foundation models, and decade-long development of cloud and platform ecosystems to scale AI. The company also said the SEC and U.S. Attorney’s Office for the Northern District of California closed matters tied to an internal investigation last week. The company lifted its full-year guidance, projecting revenue between $7.03 billion and $7.08 billion versus prior guidance of $6.92 billion to $7 billion. Shares gained 10.92% in after-hours trading on Thursday, according to Benzinga Pro.