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.
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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.