Investing.com - Autodesk (NASDAQ:ADSK) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.46 on revenue of $737.3M (NYSE:MMM). Analysts polled by Investing.com forecast EPS of $0.42 on revenue of $707.31M. That compared to EPS of $-0.09 on revenue of $553.8M in the same period a year earlier. The company had reported EPS of $0.29 on revenue of $660.9M in the previous quarter.
Autodesk shares gained 2.01% to trade at $166.28 in after-hours trade following the report.
Autodesk follows other major Technology sector earnings this month
On January 30, Microsoft reported second quarter EPS of $1.1 on revenue of $32.47B, compared to forecasts of EPS of $1.09 on revenue of $32.47B.
Alphabet A earnings beat analyst's expectations on February 4, with fourth quarter EPS of $12.77 on revenue of $39.28B. Investing.com analysts expected EPS of $10.88 on revenue of $38.91B
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