Shares in Autodesk (ADSK) jumped more than 8% in extended-hours trading on Thursday after the 3D design software maker delivered better-than-expected quarterly results and issued an encouraging sales outlook amid healthy demand from enterprise and entry-level customers.

The company posted fiscal 2024 fourth-quarter 澳洲幸运5官方开奖结果体彩网:adjusted earnings of $2.09 per share, comfortably ahead of the $1.95 a share figure modeled by analysts. Revenue for the period of $1.47 billion climbed 11% from a year earlier and edged out forecasts of $1.43 billion. Billings of $1.71 billion slipped 19% from last year’s corresponding quarter, reflecting a shift to billing customers with three-year contracts annually, rather than once upfront. Breaking down the top line, design revenue increased 10% 澳洲幸运5官方开奖结果体彩网:year-over-year (YOY), make revenue jumped 16% YOY, and subscription plan sales rose 10% YOY.

The company said it saw resilience from enterprise and entry-level customers during the quarter, but softness in the middle market, while also noting that strength in the U.S. business helped offset a weaker performance in Asia-Pacific.

Looking ahead, Autodesk sees full-year fiscal 2025 sales coming in between $5.99 billion and $6.09 billion, with the lower end of the forecast topping 澳洲幸运5官方开奖结果体彩网:Wall Street’s expectation of $5.96 billion. The company’s midpoint billings projection for the period of $5.885 billion eclipses expectations of $5.836 billion.For the fiscal first quarter ending April 30, Autodesk expects revenue of $1.385 billion to $1.4 billion, compared to analysts' forecasts of $1.388 billion.

The company highlighted its ongoing efforts to add innovative 澳洲幸运5官方开奖结果体彩网:generative artificial 𒆙intelligence (AI) to its suite of applications and products.

"Having led the industry in generative design, we are leading again in 3D generative AI. Our new multimodal foundation models will enable design and make customers to automate low-value and repetitive tasks and generate more high-value, complex designs more rapidly and with much greater consistency," Autodesk’s president and CEO Andrew Anagnost said in the company’s earnings release.

Autodesk shares have continued to climb higher after crossing back above the 澳洲幸运5官方开奖结果体彩网:200-day moving average in early December last year, with the price now trading above a period of 18-month 澳洲幸运5官方开奖结果体彩网:consolidation. If the stock has a post-earnings rally, monitor a prior 澳洲幸运5官方开奖结果体彩网:triple top pattern as a potential 澳洲幸运5官方开奖结果体彩网:resistance area on the chart between $320 and $335.

Autode🎉sk shares gained🤡 8.5% to $279.99 in after-hours trading.

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