Investing.com - Autodesk reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
Autodesk announced earnings per share of $1.70 on revenue of $1.28B. Analysts polled by Investing.com EPS of $1.70 on revenue of $1.28B.
Autodesk 's are down 25% and is trading at $208.90 , still down 35.76% from its 52 week high of $325.21 set on Monday, November 22, 2021.
Autodesk follows other major Information Technology sector earnings this month
Autodesk's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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