Autodesk (NASDAQ: ADSK) reported second-quarter financial results after the closing bell on Tuesday. The software company reported a 15% increase in Q2 revenue to $913 billion, beating Wall Street consensus. Net earnings of $0.98 per share also surpassed what analysts had anticipated.
However, ADSK shares fell 2.5% immediately following the announcement, on a 12% decline in billings. The stock has increased by 34% so far this year.
CFO Scott Herren said, “As a result of our adaptability, outstanding execution in a difficult environment, and healthy renewal rates, we delivered 15 percent year-over-year growth in revenue, expanded our operating margin by 5 percentage points, and delivered robust free cash flow.”
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the
Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3
Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer