ADSK - Autodesk Stock Jumps On Q3 Earnings: 'Customers Remain Committed To Transformation' | Benzinga
Autodesk Inc (NASDAQ: ADSK) shares are trading higher in Thursday's after-hours session on the heels of the company's third-quarter results. Here's a rundown of the report and a look at what's driving the action.
Q3 Earnings: Autodesk said third-quarter revenue increased 10% year-over-year to $1.41 billion, which beat the consensus estimate of $1.39 billion, according to Benzinga Pro. The company reported quarterly adjusted earnings of $2.07 per share, which beat analyst estimates of $1.99 per share.
Operating margin was 24% in the quarter. Cash flow from operating activities totaled $18 ...