Autodesk, Inc. (NASDAQ:ADSK) Q2 2025 Earnings Conference Call August 29, 2024 5:00 PM ET

Company Participants

Simon Mays-Smith - VP, IR
Andrew Anagnost - CEO
Betsy Rafael - Interim CFO

Conference Call Participants

Saket Kalia - Barclays
Jay Vleeschhouwer - Griffin Securities
Adam Borg - Stifel
Jason Celino - KeyBanc Capital Markets
Elizabeth Porter - Morgan Stanley
Joe Vruwink - Baird
Ken Wong - Oppenheimer & Co
Tyler Radke - Citigroup

Operator

Good day, and thank you for standing by. Welcome to the Q2 Fiscal '25 Autodesk Earnings Conference Call. At this time all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I’d now like to hand the conference over to your speaker today, Simon Mays-Smith, Vice President, Investor Relations.

Simon Mays-Smith

Thanks, operator and good afternoon. Thank you for joining our conference call to discuss the second quarter results of Autodesk's fiscal '25. On the line with me is Andrew Anagnost, our CEO; and Betsy Rafael, our Interim CFO.

During this call, we will make forward-looking statements, including outlook and related assumptions, products and strategies. Actual events or results could differ materially. Please refer to our SEC filings, including our most recent Form 10-Q and the Form 8-K filed with today's press release for important risks and other factors that may cause our actual results to differ from those in our forward-looking statements. Forward-looking statements made during the call are being made as of today.

If this call is replayed or reviewed after today, the information presented during the call may not contain current or accurate information. Autodesk disclaims any obligation to update or revise any forward-looking statements.

We will quote several numeric or growth changes during this call, as we discuss our financial performance. Unless otherwise noted, each such reference represents a year-on-year comparison. All non-GAAP numbers referenced in today's call are reconciled in our press release or Excel financials and other supplemental materials, available on our Investor Relations website.

And now, I will turn the call over to Andrew.

Andrew Anagnost

Thank you, Simon and welcome everyone to the call. We finished the second quarter and first half of the year strongly, delivering 13% revenue growth in constant currency in both periods and have raised guidance for the full year, reflecting the sustained momentum of the business and the smooth launch of the new transaction model in North America in June and expected launch in Western Europe in September. Once again, opportunity, resilience and discipline underpinned our performance.