Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on this stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Katie Greifel.
Speaker 3: I want to take a look at what's going on
Speaker 3: with Autodesk. Shares of the company makes PC software multimedia tools.
Speaker 3: Fourth quarter adjusted earnings per share beat estimates. Shares up
Speaker 3: three point two percent. First quarter revenue forecast did beat
Speaker 3: estimates as well, as far as those numbers look. First
Speaker 3: quarter adjusted earnings per share coming in two dollars and
Speaker 3: eighty two cents to chills in eighty six cents, is
Speaker 3: what that outlook looks like. First quarter revenue, the outlook
Speaker 3: there on one point eight nine billion dollars to one
Speaker 3: point nine billion dollars that beat estimates of one point
Speaker 3: eight four billion dollars. Look backward. Fourth quarter net revenue
Speaker 3: coming in above estimate set one point nine to six
Speaker 3: billion dollars. Shares in the after hours bouncing around but
Speaker 3: unchanged as of now.
Speaker 4: This is a stock tim that's still down about twenty
Speaker 4: one percent so far this year. So again, earning's kind
Speaker 4: of giving investors something they're jew on, but still not
Speaker 4: much follow through, at least as a released Autodesk which
Speaker 4: is down and call it two percent right.
Speaker 1: Also keep an eye on net apup. The shares up
Speaker 1: about six percent in the after hours trade. Data Management
Speaker 1: Software is the game. Adjusted EPs in its fiscal third
Speaker 1: quarter three two dollars and twelve cents a share. The
Speaker 1: street was looking for two oh six, so a beat there.
Speaker 1: In line on the revenue side at around one point
Speaker 1: one to seven billion. The company says that for the
Speaker 1: current quarter, it's fiscal fourth quarter, it sees revenue in
Speaker 1: a range of one point eight to one point nine
Speaker 1: to five billion. The low end of that range is
Speaker 1: right on the nose of the average of Wall Street estimates.
Speaker 1: The shares right now basically unchanged on red news.
Speaker 5: I want to go back to into it because now
Speaker 5: we're seeing the stock actually rally more than two percent
Speaker 5: here in the aftermarket. We know it's been getting hammered
Speaker 5: to not in a good way, down about forty percent.
Speaker 1: You're a good way to get here or explained girl.
Speaker 5: All right, it's been a rough year in twenty twenty six.
Speaker 5: Stocks down about forty percent so far this year, but
Speaker 5: let's go back because into it, you know, get into
Speaker 5: the outlook. Seeing third quarter just at EPs, it's a
Speaker 5: little bit light in terms of what the street's expecting.
Speaker 5: They are looking for a third quarter revenue up about
Speaker 5: ten percent. You can see stock bouncing around. Now it's
Speaker 5: down to get down now it's unchanged. So I think
Speaker 5: investors just trying to figure out good, bad, or indifferent.
Speaker 3: I'm looking at dual lingo the headline here and shares
Speaker 3: her down, but all the company authorizes four hundred million
Speaker 3: dollars share buyback program. Shares down right now by fourteen
Speaker 3: point seven percent. The company for its outlook another reason
Speaker 3: why or one reason why the stock is down. Four
Speaker 3: quarter bookings three hundred and one point five million dollars,
Speaker 3: the estimates for three hundred and thirty two point one
Speaker 3: million dollars, so a miss there. The company sees first
Speaker 3: quarter revenue coming in at two hundred and eighty eight
Speaker 3: and a half million dollars. That's shy of the two
Speaker 3: hundred and ninety one point eight million dollars that investors
Speaker 3: wanted to see. This stock has been under pressure a
Speaker 3: CFO change just a few months ago. Shares down by
Speaker 3: about eighteen percent as we speak once again, twenty twenty
Speaker 3: six bookings one point twenty seven billion to one point
Speaker 3: three billion, the estimos for one point four billion dollars.
Speaker 3: We got the CEO coming on the program tomorrow. We're
Speaker 3: going to ask him about all this and more. Luis
Speaker 3: van On.
Speaker 1: What language is going to be in.
Speaker 3: He speaks a lot of languages, but we're going to
Speaker 3: do it in English because that's our limitation here.
Speaker 5: It's going to be accountant language, financial language.
Speaker 4: Well, go on from languages to online marketplaces. I don't
Speaker 4: really know an easy way to pivot there, but real
Speaker 4: real right now up five point seven percent. This came
Speaker 4: after forecasts for revenue beat. Expectation sees one Q revenue
Speaker 4: one hundred and eighty five to one hundred and eighty
Speaker 4: nine million dollars, the low end of that easily passing
Speaker 4: estimates for one hundred and eighty two point two million.
Speaker 4: Looking at first quarter EBITDAH adjusted EBITDAF forecasts eleven to
Speaker 4: thirteen million dollars. Estimates were for eight point seven million dollars,
Speaker 4: So a beat as it relates to real real looking forward,
Speaker 4: But again, another company that's been under pressure down also
Speaker 4: more than twenty percent so far this year.
Speaker 1: Computer and server maker Dell now crossing the wire with
Speaker 1: its quarterly report. The share is popping initially on the
Speaker 1: back of it. The main headline, the redhead on the
Speaker 1: terminal iss your fiscal twenty twenty seven forecast revenue in
Speaker 1: a range of one hundred and thirty eight to one
Speaker 1: hundred and forty two billion. The low end of that
Speaker 1: range is more than ten billion dollars above the average
Speaker 1: street estimates. The street was looking for one twenty six
Speaker 1: and change. So a very bullish guidance here on the
Speaker 1: revenue side. When we look go back just a little
Speaker 1: bit and take a look at the adjusted EPs in
Speaker 1: the quarter that just passed, the company also beat there
Speaker 1: three dollars and eighty nine cents a share. The street
Speaker 1: on average is looking for three point fifty two. It
Speaker 1: looks like revenue also beat in the most recent quarter.
Speaker 1: The company also guys says it's going to raise its
Speaker 1: annual dividend by twenty percent, boost its buyback program buy
Speaker 1: ten billion dollars. A lot to unpack here in this release.
Speaker 5: Yeah, some more in terms of the commentary and context
Speaker 5: from the company. Recorded AI orders of thirty five four
Speaker 5: point one billion in the fourth quarter, sixty four point
Speaker 5: one billion for the full year fiscal twenty twenty six,
Speaker 5: in particular, surpassing four thousand AI customers in fiscal year
Speaker 5: twenty six, with growth across Neil Clouds, sovereign and enterprise customers.
Speaker 5: And again, as you said, raising that annual dividend and
Speaker 5: that board approving that ten billion dollar increase in the
Speaker 5: share buy back, and the fiscal year twenty twenty seven
Speaker 5: COMPANIESE suggested EPs of twelve dollars ninety cents a share
Speaker 5: at the midpoint. That's of twenty five percent tim here
Speaker 5: over year.
Speaker 3: Just looking through the commentary in the release to get
Speaker 3: some more context, the company's vice chair and COO, Jeff Clark, says,
Speaker 3: the AI opportunity is transforming our company. We close more
Speaker 3: than sixty four billion in AI optimized server orders shit
Speaker 3: more than twenty five billion dollars throughout the year, and
Speaker 3: are entering fiscal year twenty seven with record backlog of
Speaker 3: forty three billion dollars. Powerful proof that our engineering leadership
Speaker 3: and differentiated AI solutions are winning. Shares up by about
Speaker 3: six percent right now.
Speaker 1: Yeah, and you talk about that revenue growth figure. Remember,
Speaker 1: just a few years ago, this was a company that
Speaker 1: was in contraction and certainly got a big boost from AI.
Speaker 1: I do want to turn real quickly to block tick xyz.
Speaker 1: A lot of drama surrounding that company. The company says
Speaker 1: it's going to cut forty percent of its workforce and
Speaker 1: says that for the first quarter that we're in right now,
Speaker 1: it sees adjusted operating income in a range or excuse me,
Speaker 1: a six hundred million dollars, which is actually above what
Speaker 1: the street was looking for. The company did actually report
Speaker 1: earnings for the quarters that just passed, the fourth quarter,
Speaker 1: saying that profit gross profit did come in and above
Speaker 1: estimates at one point eight three billion, and its segment
Speaker 1: revenue relatively in line with estimates at about two point
Speaker 1: one point nine billion. But the key headline there is
Speaker 1: a forty percent cut of it's.
Speaker 3: Hold on romaine. When have you ever seen an announcement
Speaker 3: forty percent cut to headcount?
Speaker 1: This is I'm a little surprised by this. I'm actually
Speaker 1: looking through the release right now. I don't know if
Speaker 1: this is has something to do with some of the
Speaker 1: drama that we've been reporting on about the future of
Speaker 1: this company, whether this is about productivity and AI. Jack
Speaker 1: Dorshy of course has not been very vocal about exactly
Speaker 1: what's been going on there, but we talk about a
Speaker 1: company that we know has been trying to go through
Speaker 1: some sort of restructuring. We have to find out the
Speaker 1: exact reasons why. But I mean, you look at the
Speaker 1: investor reaction there. Tim, I don't know if you have
Speaker 1: a TV screen in front of you, but a fifteen
Speaker 1: percent pop in the shares on that.
Speaker 3: Well, when you're paying you know, you know, when your
Speaker 3: workforce is declined by more than forty percent, your salaries
Speaker 3: are going to be going down. So I think that
Speaker 3: that's probably one of the reasons why we're seeing that
Speaker 3: reaction right now. But yeah, we're gonna have to dig
Speaker 3: into this more because that's a that is a big
Speaker 3: headcut YEP at headcount Cut announcement.
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