ADSK - Autodesk Stock Is Moving Lower Wednesday: What's Going On? | Benzinga
Autodesk Inc (NASDAQ: ADSK) shares are trading lower Wednesday on the heels of the company's third-quarter financial results. Multiple analysts also lowered price targets following the print.
- Q3 Revenue: $1.41 billion beat estimates of $1.39 billion
- Q3 EPS: $2.07 beat estimates of $1.99
Operating margin was 24% in the quarter. Cash flow from operating activities totaled $18 million and the company generated $13 million in free cash flow.
"Autodesk AI and Platform Services will enable Autodesk, our customers, and partners to build more valuable, data driven, and ...