NASDAQ-NMS:ADSK

Autodesk receives expected notification of deficiency from Nasdaq related to delayed filing of annual report on Form 10-K

Retrieved on: 
Thursday, April 25, 2024
Prior, Risk, Annual report, Security (finance), Notice, Form, ADSK, Form 10-K, Failure, Bank statement, File, Calendar, Letter, SAN, Cryptocurrency

SAN FRANCISCO, April 25, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) (the "Company") today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") on April 19, 2024 (the "Notice").

Key Points: 
  • SAN FRANCISCO, April 25, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) (the "Company") today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") on April 19, 2024 (the "Notice").
  • The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
  • The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Global Select Market.
  • As previously disclosed, the filing of the Form 10-K was delayed due to the matters described in the Form 12b-25 and the Prior Press Release.

Autodesk and the Nemetschek Group Agree to Advance Open, Interoperable Workflows for Design and Make Industries

Retrieved on: 
Wednesday, April 24, 2024
Cloud, Maya, APS, M&E, AI, Autodesk 3ds Max, Software, Autodesk Revit, Automation, AECO, BIM, AutoCAD, DNA, BuildingSMART, ADSK, Vectorworks, Building information modeling, Building, API, SAN, Asset management

But too often, people, processes, and data are siloed due to software and file incompatibility, resulting in inefficient workflows.

Key Points: 
  • But too often, people, processes, and data are siloed due to software and file incompatibility, resulting in inefficient workflows.
  • "Extending Autodesk's cloud and desktop solutions with Nemetschek interoperability is a huge step towards optimizing our customers' workflows and helping them generate better project outcomes."
  • "Supporting openBIM, interoperability, and open industry standards is deeply rooted in the Nemetschek Group's DNA," said Marc Nézet, Chief Strategy Officer of the Nemetschek Group.
  • This will enable the two companies to improve upon existing data exchanges and open new data-centric workflows that span disciplines and industries.

Autodesk provides update on delayed Form 10-K filing

Retrieved on: 
Tuesday, April 16, 2024
Late, Risk, Annual report, Security (finance), Form, Audit committee, ADSK, Form 10-K, Committee, Bank statement, File, Calendar, Letter, SAN

As of today, the investigation is ongoing and all parties continue to work diligently to complete the investigation.

Key Points: 
  • As of today, the investigation is ongoing and all parties continue to work diligently to complete the investigation.
  • Accordingly, the Company expects to receive a notice from The Nasdaq Stock Market ("Nasdaq") that it is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1).
  • The Company intends to take the necessary steps to regain compliance with Nasdaq's listing rules as soon as practicable.
  • Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

2024 State of Design & Make Report from Autodesk Finds Growing Confidence in Resilience, Optimism Toward AI

Retrieved on: 
Wednesday, April 10, 2024
Perception, Risk, Design, Futurist, Trust, Growth, Engineering, Completeness, ADSK, Optimism, Annual report, SAN, Architecture, Renewable energy

SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- Leaders from industries that design and make places, objects, and experiences are far more confident about their companies' resilience than last year and have a surprisingly high level of trust in AI, according to the 2024 State of Design & Make report released today by Autodesk, Inc. (NASDAQ: ADSK). The group largely sees AI as a current tool rather than a futuristic pipe dream, leading to increased investment as they chase the promise of greater productivity and improved sustainability. 

Key Points: 
  • Design and Make industries – architecture, engineering and construction; design and manufacturing; and media and entertainment – employ nearly 300 million people worldwide* and by 2027 will represent $30 trillion in value globally**.
  • Autodesk's second annual report reveals the issues and sentiments these industries are facing, with the goal of helping leaders chart a path to the future.
  • With optimism returning, digitization has reached a tipping point: Leaders feel their companies are far more resilient than last year, as digitally mature companies report even greater success.
  • 77% of companies consider upskilling and training important, yet only 38% have the necessary skills and resources to design internal training programs
    Complete findings of the 2024 State of Design & Make report can be found on Autodesk.com.

Autodesk to present at upcoming investor conference

Retrieved on: 
Friday, March 1, 2024
SAN, ADSK, Autodesk, Software

SAN FRANCISCO, March 1, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conference:

Key Points: 
  • SAN FRANCISCO, March 1, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conference:
    A live webcast and replay of the presentations will be available through Autodesk's Investor Relations Website at investors.autodesk.com .
  • Please go to the website 15 minutes early to register, download and install any necessary software.
  • More information will be available on investors.autodesk.com .

AUTODESK, INC. ANNOUNCES FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS

Retrieved on: 
Thursday, February 29, 2024
Cloud, Spend, Acquisition, AutoCAD, Flex, Balance sheet, Autodesk Revit, USD, ASC, Intelligence, Investment, Tax, Form 10-K, Eric, Health, RPO, Collection, Cloud computing, GAAP, Assemble, Revenue, Public expenditure, Legislation, Intellectual property, Privacy, Act, Autodesk 3ds Max, Workflow, Software, Video game

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the fourth quarter and full year of fiscal 2024.

Key Points: 
  • The first quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 21 percent for GAAP and 19 percent for non-GAAP results, respectively.
  • Autodesk will host its fourth 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.
  • For certain cloud service offerings and EBAs, subscriptions represent the monthly average activity reported within the last three months of the fiscal quarter end date.

Autodesk enters agreement to acquire PIX of X2X

Retrieved on: 
Monday, February 5, 2024
Media, Autodesk, ADSK, SAN, Environment, PIX, Communication, Failure, Acquisition, Risk management

SAN FRANCISCO, Feb. 5, 2024 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) announced it has entered into an agreement to acquire the PIX business of X2X.

Key Points: 
  • SAN FRANCISCO, Feb. 5, 2024 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) announced it has entered into an agreement to acquire the PIX business of X2X.
  • PIX is a production management solution for secure review and content collaboration between creatives and executives in the media and entertainment industry throughout the production process.
  • Autodesk's proposed acquisition of PIX has not been completed; the completion of the proposed acquisition of PIX is uncertain and is subject to regulatory approval and the satisfaction of various other closing conditions.
  • Subject to the satisfaction of the foregoing closing conditions, the proposed acquisition of PIX is expected to close early in fiscal year 2025.

Autodesk extends invitation to join financial results conference call

Retrieved on: 
Monday, February 5, 2024
ADSK, Webcast, Autodesk

SAN FRANCISCO, Feb. 1, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced it will share its fourth quarter fiscal 2024 financial results conference call via its website on Thursday, February 29, 2024, at 2 p.m. Pacific Time. Join the live webcast call here: autodesk.com/investors. An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors.

Key Points: 
  • Fourth quarter fiscal 2024 financial results conference call to be held Thursday, February 29, 2024, 2 p.m. PT
    SAN FRANCISCO, Feb. 1, 2024 /PRNewswire/ -- Autodesk , Inc. (NASDAQ: ADSK) today announced it will share its fourth quarter fiscal 2024 financial results conference call via its website on Thursday, February 29, 2024, at 2 p.m. Pacific Time.
  • Join the live webcast call here: autodesk.com/investors .
  • An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors .

Autodesk appoints Joe Speicher as its first chief sustainability officer

Retrieved on: 
Tuesday, November 28, 2023
Disclosure, Climate change, SAN, Speicher, Artificial intelligence, ADSK, Automation, Housing, ESG, Management, Autodesk

SAN FRANCISCO, Nov. 28, 2023 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) announced the appointment of Joe Speicher as the company's first chief sustainability officer, which took effect in July.

Key Points: 
  • SAN FRANCISCO, Nov. 28, 2023 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) announced the appointment of Joe Speicher as the company's first chief sustainability officer, which took effect in July.
  • His appointment reflects the increasing importance of the chief sustainability officer's role in achieving sustainability outcomes and driving growth.
  • "Appointing Joe as Autodesk's first chief sustainability officer reinforces our commitment to and action toward achieving our larger impact strategy and driving meaningful change in the industries we serve," said Debbie Clifford, chief financial officer.
  • As chief sustainability officer, Speicher oversees the development and implementation of Autodesk's sustainability and impact strategy, metrics and reporting, and cross-industry initiatives focused on sustainability capabilities for customers.

Autodesk to present at upcoming investor conferences

Retrieved on: 
Wednesday, November 22, 2023
ADSK, Autodesk, SAN, Software, Mobile phone, Cryptocurrency

SAN FRANCISCO, Nov. 22, 2023 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conferences:

Key Points: 
  • SAN FRANCISCO, Nov. 22, 2023 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conferences:
    A live webcast and replay of the presentations will be available through Autodesk's Investor Relations Website at investors.autodesk.com .
  • Please go to the website 15 minutes early to register, download and install any necessary software.
  • More information will be available on autodesk.com/investors .