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 "longterm 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."
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