Autodesk Drops as MaintainX Costs Weigh on Near-Term Guidance
ADSK slipped after Autodesk’s Q3 adjusted EPS outlook missed estimates. Q2 beat, full-year sales guidance rose, but MaintainX costs weigh.
ADSK slipped after Autodesk’s Q3 adjusted EPS outlook missed estimates. Q2 beat, full-year sales guidance rose, but MaintainX costs weigh.
Elastic beat Q1 estimates, raised full-year guidance, and reported record large-customer growth as AI workloads expanded across its platform.
Affirm Q4 revenue rose 33% to $1.17B and GMV hit $14.1B, beating estimates. Profit jumped on a tax gain. Next-quarter outlook also topped Street.
IREN added Cohere, Perplexity and Figure AI, plus a multi-year frontier-lab deal.
Gap raised its full-year profit forecast after the namesake brand posted 10% comps growth, beating EPS estimates despite a sales miss.
Marvell posted record $2.74B revenue and beat EPS, yet shares fell after hours as Q3 gross-margin guidance slipped on custom-chip mix.