Autodesk CEO talks earnings, and using AI technology to produce 'meaningful outcomes'
Autodesk (ADSK) surged on Thursday after the company reported an 11% jump in revenue in its latest quarterly report. Autodesk CEO Andrew Anagnost joins Yahoo Finance Live to discuss the drivers of the software company's upbeat results. Anagnost says the company's diversity of use cases drives success, stating "we make software for people who make everything." He notes firms face "long-term capability challenges" lacking resources, allowing Autodesk to help them achieve sustainability goals and overcome "capacity challenges." Anagnost highlights Autodesk's "robust" business model where customers invest "from design to construction," saying the "life cycle solutions" are driving margins. On AI, he acknowledges the perpetual hype cycle on new technology darling, but stresses the "real rewards" go to those generating "meaningful outcomes." About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X: / yahoofinance Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook: / yahoofinance LinkedIn: / yahoo-finance

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