Autodesk Raises FY27 Guidance After Strong Q2, MaintainX Acquisition

Earnings
โดย The Motley Fool·US·Read original
Summary · why it matters

Autodesk reported strong second-quarter fiscal 2027 results, with revenue and earnings per share above the high end of guidance, and raised its full-year billings and revenue outlook. Total revenue grew 16% as reported and 14% in constant currency, with the new transaction model providing a tailwind of roughly 2 percentage points to revenue growth in the quarter. The company expects MaintainX to contribute approximately $60 million to second half fiscal '27 revenue and approximately $70 million to second half fiscal '27 billings, both weighted slightly towards the fourth quarter. Autodesk also announced that Amy Bunszel, EVP of Architecture, Engineering and Construction Solutions, plans to retire after an extraordinary 23 years with the company. The company raised fiscal '27 billings guidance to $8.575 billion to $8.65 billion and revenue guidance to $8.295 billion to $8.345 billion, reflecting the MaintainX contribution and stronger underlying expectations.

Impact on stocks 1

Cloud & Digital Infrastructure · 1 stocks
Autodesk Inc
ADSK
▲ PositiveCapitalrelevance

Strong Q2 results and raised FY27 guidance, including MaintainX contribution, are positive for Autodesk.