Menü
Microsoft selbst warnt vor der Verwendung von Internet Explorer, da er nicht mehr den neuesten Web- und Sicherheitsstandards entspricht. Wir können daher nicht garantieren, dass die Seite im Internet Explorer in vollem Umfang funktioniert. Nutze bitte Chrome oder Firefox.

Why Shares of Autodesk Tumbled Today


Shares of Autodesk (NASDAQ: ADSK) slumped on Wednesday after the software specialist cut its full-year guidance despite beating analyst estimates for its second-quarter results. The company insisted that it's not being impacted by trade tensions, but the conservative outlook was enough to send the stock down about 9.1% by 11:50 a.m. EDT. Shares were down as much as 13.7% earlier in the session.

Autodesk reported second-quarter revenue of $797 million, up 30% year over year and nearly $9 million higher than the average analyst estimate. Annualized recurring revenue increased by 31% to $3.07 billion, and billings jumped 48% to $893 million.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Teilen

Kommentare