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Construction Growth Powers Autodesk's Results

TheMotleyFool

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Construction Growth Powers Autodesk's ResultsPhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png

Computer-assisted design (CAD) pioneer and design and project software provider Autodesk (NASDAQ: ADSK) released fiscal third-quarter earnings results on Tuesday after the market close. Shares of the technology investment were trading up roughly 4% at midday on Wednesday as investors endorsed a continuing transition to subscription-based revenue and a focus on the construction software market. Below, let's walk through results of the last three months, keeping in mind that all comparable numbers refer to those of the prior-year quarter.

Data source: Autodesk. EPS = earnings per share. N/A = Not applicable.

Image source: Getty Images.

Source Fool.com

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