© Reuters. Autodesk Earnings, Revenue Beat in Q1
Investing.com – Autodesk (NASDAQ:) reported on Thursday first quarter 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, still down 44.36% from its 52 week high of $344.39 set on August 24, 2021. They are under-performing the Nasdaq which is down 24.96% from the start of the year.
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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