Categories AlphaGraphs, Earnings, Technology

Key highlights from Autodesk (ADSK) Q4 2021 earnings results

Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021.

Net income for the fourth quarter was $911.3 million, or $4.10 per share, compared to net income of $131.8 million, or $0.59 per share in the fourth quarter of 2020. Net income for the quarter reflects the deferred tax asset valuation allowance release of $679 million.

AUTODESK, INC. ANNOUNCES FISCAL 2021 FOURTH QUARTER AND FULLAUTODESK, INC. ANNOUNCES FISCAL 2021 FOURTH QUARTER AND FULL-YEAR RESULTS-YEAR RESULTS

Net revenues increased 16% to $1.04 billion.

Shares down nearly 5% during the after hours following the earnings announcement.

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