Investing.com - Autodesk (NASDAQ:ADSK) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Autodesk announced earnings per share of $1.21 on revenue of $1.06B. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $1.05B.
Autodesk shares are up 12% from the beginning of the year and are trading at $342.10 , down-from-52-week-high.They are under-performing the S&P 500 which is up 19.74% from the start of the year.
Autodesk follows other major Technology sector earnings this month
Autodesk's report follows an earnings beat by Apple on July 27, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on July 27 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.33 on revenue of $56.19B.
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