Autodesk: An Unstoppable Growth Stock
Autodesk (NASDAQ: ADSK) is one of the top-performing software stocks of all time. Shares are up almost 28,000% since it went public back in the 1980s, trouncing the overall U.S. market during that timespan. But don't think it is too late to hop on the Autodesk train. The company just released its fiscal 2022 first-quarter earnings report, and the results showed again why it is one of the top growth stocks on the market. Here are four takeaways from the report.
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In Autodesk's fiscal Q1, which ended April 30, its revenue increased by 12% to $989 million, showing that its software solutions for the architecture, engineering, and construction industries are holding up as some parts of the world are slowly emerging from the shadow of the COVID-19 pandemic.
Source Fool.com
