Investing.com – Autodesk (NASDAQ:) reported third quarter that beat analysts’ expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.78 on revenue of $842.7M. Analysts polled by Investing.com expected EPS of $0.72 on revenue of $825.75M. That compared to EPS of $0.29 on revenue of $660.9M in the same period a year earlier. The company had reported EPS of $0.65 on revenue of $796.8M in the previous quarter.
Autodesk shares lost 3.69% to trade at $165.01 in after-hours trade following the report.
Autodesk follows other major Technology sector earnings this month
On October 30, Apple reported fourth quarter EPS of $3.03 on revenue of $64.04B, compared to forecasts of EPS of $2.83 on revenue of $63.01B.
Alphabet C earnings missed analysts’ expectations on October 28, with third quarter EPS of $10.12 on revenue of $40.5B. Investing.com analysts expected EPS of $12.32 on revenue of $40.31B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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