Form 8-K · Current Report · Filed 2024-06-03
Autodesk Announces Completion of Audit Committee Investigation and Executive Changes
Autodesk, Inc. announced the completion of its Audit Committee investigation into its free cash flow and non-GAAP operating margin practices, with no restatement of financial statements. The company also reported preliminary results for the first quarter of fiscal 2025, with revenue of approximately $1.42 billion and non-GAAP diluted EPS of approximately $1.87. Additionally, Deborah Clifford transitioned to the role of Chief Strategy Officer, and Elizabeth 'Betsy' Rafael was appointed as Interim Chief Financial Officer.
- Filer
- Autodesk Inc. ADSK · NASDAQ
- Filed
- Accession
- 0001213900-24-049057
- CIK
- 0000769397
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$201.60
Next session
+5.2%
Since filing
+16.2%
Latest close
$234.20
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ADSK reporting the same item, with the next session's move:
Exhibits (1)
About Autodesk Inc.
Autodesk Inc. is a global leader in 3D design, engineering, and entertainment software. Its primary function is to provide cutting-edge digital tools that empower professionals across various industries such as architecture, engineering, construction, manufacturing, media, and entertainment to visualize, simulate, and analyze real-world performance in a virtual environment. The company's flagship products include AutoCAD, a computer-aided design software used widely by architects and engineers; Revit, which supports building information modeling for architects and construction professionals; and Maya, a sophisticated software used by animators in the film and gaming industries. Autodesk’s software solutions are critical in project planning, design, and implementation, facilitating increased productivity and innovation. Operating a subscription-based business model, Autodesk has transitioned to cloud-based platforms, enhancing collaboration and flexibility for users globally. With its commitment to sustainability and reducing environmental impact through design, Autodesk holds a significant role in transforming how products are made, evolving the fields it touches through technology.
Never miss another ADSK filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.