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Autodesk Earnings inline, Revenue Misses In Q1

Investing.com - Autodesk (NASDAQ:ADSK) reported first quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.45 on revenue of $735.5M. Analysts polled by Investing.com anticipated EPS of $0.45 on revenue of $740.52M. That compared to EPS of $0.06 on revenue of $559.9M in the same period a year earlier. The company had reported EPS of $0.46 on revenue of $737.3M (NYSE:MMM) in the previous quarter.

Autodesk follows other major Technology sector earnings this month

On May 8, EchoStar reported first quarter EPS of $0.08 on revenue of $531.08M, compared to forecasts of EPS of $0.1 on revenue of $528.1M.

Microsoft earnings beat analysts' expectations on April 24, with third quarter EPS of $1.14 on revenue of $30.57B. Investing.com analysts expected EPS of $1 on revenue of $29.88B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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