Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Autodesk Stock a Buy?

TheMotleyFool

0 0

Autodesk's (NASDAQ: ADSK) stock plunged 15% on Nov. 24 after the design software maker posted its third-quarter earnings report.

Its revenue rose 18% year-over-year to $1.13 billion, which beat estimates by $10 million. Its adjusted earnings grew 28% to $1.33 per share, which also topped expectations by seven cents.

Autodesk's headline numbers looked healthy, but its profit guidance for the fourth quarter slightly missed analysts' expectations. Did the market overreact and create an attractive buying opportunity?

Source Fool.com

Like: 0

ADSK

Share