AUTODESK, INC. ANNOUNCES FISCAL 2024 THIRD QUARTER RESULTS
SAN FRANCISCO, Nov. 21, 2023 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the third quarter of fiscal 2024.
- The fourth quarter and full-year fiscal 2024 outlook assume a projected annual effective tax rate of 24 percent and 18 percent for GAAP and non-GAAP results, respectively.
- Shifts in geographic profitability continue to impact the annual effective tax rate due to significant differences in tax rates in various jurisdictions.
- Autodesk will host its third quarter conference call today at 5 p.m.
- Net revenue retention rate is calculated by dividing the current quarter Recurring Revenue related to base customers by the total corresponding quarter Recurring Revenue from one year ago.