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Investing.com - Autodesk reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Autodesk announced earnings per share of $1.65 on revenue of $1.24B. Analysts polled by Investing.com EPS of $1.57 on revenue of $1.22B.
Autodesk 's are down 23% and is trading at $214.43 , still down 37.74% from its 52 week high of $344.39 set on Tuesday, August 24, 2021.
Autodesk follows other major Information Technology sector earnings this month
Autodesk's report follows an earnings beat by Apple on Thursday, July 28, 2022, who reported EPS of $1.2 on revenue of $82.96B, EPS of $1.16 on revenue of $82.79B.
Microsoft had missed expectations on Tuesday, July 26, 2022 with fourth quarter EPS of $2.23 on revenue of $51.87B, for EPS of $2.29 on revenue of $52.38B.
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