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Autodesk Drops After Q2 Earnings: Why Investors Shouldn't Be Worried

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Autodesk Drops After Q2 Earnings: Why Investors Shouldn't Be Worried

We are now at the tail end of the second-quarter earnings season. Tons of software companies whose quarters ended in July are set to report results over the next two weeks. One of the first to report was Autodesk (NASDAQ: ADSK), which sells design and build software to engineers, architects, and construction workers. The company posted solid Q2 results, but investors sold off the stock heavily on the news, and shares are now down 9% the day after the report.

However, this looks like investors overreacting to short-term news. Here's why investors shouldn't be worried after Autodesk's Q2 earnings report.

Image source: Getty Images.

Source Fool.com

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