Design software company Autodesk, Inc. (NASDAQ: ADSK) on Wednesday said its second-quarter 2023 earnings increased, aided by strong revenue growth.
Adjusted earnings of the San Rafael, California-based tech firm rose to $1.65 per share in the July quarter from $1.21 per share in the corresponding period of last year. The reported net income was $186 million or $0.85 per share in the latest quarter, compared to $115 million or $0.52 per share in the second quarter of 2022.
Check this space to read management/analysts’ comments on Autodesk’s Q2 2023 earnings
The company reported total revenues of $1.24 billion for the second quarter, which is up 17% from the prior-year period. The top line also beat the market’s forecast.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Amazon (AMZN) ups the ante in the AI race. Is the stock a buy?
For Amazon.com, Inc. (NASDAQ: AMZN), expanding the cloud infrastructure business has been a key priority lately, while maintaining its dominance in the e-commerce market. Currently, the company is busy ramping
LEN, KBH: How did the third quarter turn out for these homebuilders?
Homebuilders Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) reported their third quarter 2023 earnings results recently. Both companies saw their revenues and profits fall during the period amid
KMX Earnings Preview: Will CarMax return to the fast lane this year?
CarMax, Inc. (NYSE: KMX) is preparing to publish second-quarter results on Thursday. Over the years, it has evolved into a diversified company, with the scale of operations and omnichannel strategy
