Autodesk Earnings, Revenue beat in Q1 By Investing.com

Autodesk Earnings, Revenue beat in Q1

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Investing.com - Autodesk (NASDAQ:ADSK) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Autodesk announced earnings per share of $1.43 on revenue of $1.17B. Analysts polled by Investing.com anticipated EPS of $1.35 on revenue of $1.15B.

Autodesk shares are down 31% from the beginning of the year and are trading at $193.26 , down-from-52-week-high.They are under-performing the S&P 500 which is down 14.85% from the start of the year.

Autodesk shares gained 0.85% in after-hours trade the report.

Autodesk follows other major Information Technology sector earnings this month

Autodesk's report follows an earnings beat by Apple on April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.

NVIDIA had beat expectations on Wednesday with first quarter EPS of $1.36 on revenue of $8.29B, compared to forecast for EPS of $1.3 on revenue of $8.12B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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