Investing.com - Autodesk (NASDAQ:ADSK) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Autodesk announced earnings per share of $0.98 on revenue of $913.1M. Analysts polled by Investing.com anticipated EPS of $0.9 on revenue of $899.39M.
Autodesk shares are up 37% from the beginning of the year and are trading at $252.11 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 34.22% 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 Thursday, July 30, 2020, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Alphabet C had beat expectations on Thursday, July 30, 2020 with second quarter EPS of $10.13 on revenue of $38.3B, compared to forecast for EPS of $7.95 on revenue of $37.33B.
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