Investing.com - Autodesk (NASDAQ:ADSK) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.65 on revenue of $796.8M. Analysts polled by Investing.com anticipated EPS of $0.61 on revenue of $786.99M. That compared to EPS of $0.19 on revenue of $611.7M in the same period a year earlier. The company had reported EPS of $0.45 on revenue of $735.5M in the previous quarter.
For the year, Autodesk shares are up 16.79%, under-performing the Nasdaq 100 which is up 22.06% year to date.
Autodesk follows other major Technology sector earnings this month
On Tuesday, July 30, 2019, Apple reported third quarter EPS of $2.18 on revenue of $53.81B, compared to forecasts of EPS of $2.09 on revenue of $53.32B.
Cisco earnings beat analyst's expectations on Wednesday, August 14, 2019, with fourth quarter EPS of $0.83 on revenue of $13.43B. Investing.com analysts expected EPS of $0.81 on revenue of $13.39B
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