133.00 +9.95 (8.09%)
After hours: 7:08PM EST
|Bid||133.68 x 1000|
|Ask||133.89 x 1300|
|Day's Range||120.10 - 125.90|
|52 Week Range||101.55 - 159.94|
|Beta (3Y Monthly)||1.73|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 26, 2018 - Nov 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||166.45|
Autodesk announced plans to acquire PlanGrid for $875 million today. The San Francisco startup helped move blueprints from paper to the iPad when it launched in 2011. This digitization of construction fits with Autodesk's vision of digitizing design in general, and CEO Andrew Anagnost certainly recognized the transformational potential of the company he was buying.
Autodesk earnings (NASDAQ:ADSK) were better than what analysts were calling for during the company’s most recent fiscal quarter, sending ADSK stock soaring late in the day Tuesday. On an adjusted basis, Autodesk brought in earnings of 29 cents per share. The software company also brought in revenue of $660.9 million during the period, topping the $515.3 million it brought in during the year-ago quarter.
Inc. said it has acquired PlanGrid Inc., a creator of software for the construction industry, for $875 million net of cash. PlanGrid, based in San Francisco, had raised $69 million in funding since 2012 from investors including Y Combinator, Sequoia Capital and Tenaya Capital. Other backers included 500 Startups, Box Inc., Founders Fund, GV, Navitas Capital and Northgate Capital.
Investing.com - Autodesk (NASDAQ:ADSK) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
Autodesk (ADSK) delivered earnings and revenue surprises of 11.54% and 2.89%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?
Autodesk is snapping up San Francisco-based construction software company PlanGrid in a $875 million cash deal. The move is intended to bolster Autodesk's cloud-based construction platform. San Rafael-based Autodesk, which makes software used in architecture and manufacturing, will be integrating PlanGrid’s software with its Autodesk Revit software and Autodesk BIM 360 construction management platform.
Check out the companies making headlines after the bell: Shares of Autodesk ADSK rose over 9 percent during the extended session Tuesday. The software design company reported earnings of 29 cents a share, slightly above analysts' expectations of 27 cents a share.
Autodesk Inc. shares rallied in the extended session Tuesday after the software company's quarterly results and outlook topped Wall Street views. Autodesk shares surged 9% after hours, following a 2.1% decline to close the regular session at $123.05. The company reported a third-quarter loss of $23.7 million, or 11 cents a share, compared with $119.8 million, or 55 cents a share, in the year-ago period. Adjusted earnings were 29 cents a share. Revenue rose to $660.9 million from $515.3 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 27 cents a share on revenue of $640.9 million. For the fourth quarter, Autodesk expects adjusted earnings of 40 cents to 44 cents a share on revenue of $700 million to $710 million, while analysts had forecast 40 cents a share on revenue of $689.1 million. The company also announced it agreed to buy construction productivity software company PlanGrid for $875 million in a deal that is expected to close by the end of the fourth quarter.
SAN RAFAEL, Calif. (AP) _ Autodesk Inc. (ADSK) on Tuesday reported a loss of $23.7 million in its fiscal third quarter. The results topped Wall Street expectations. For the current quarter ending in January, Autodesk expects its per-share earnings to range from 40 cents to 44 cents.
SAN RAFAEL, Calif., Nov. 20, 2018 /PRNewswire/ -- Autodesk, Inc. (ADSK) has signed a definitive agreement to acquire PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. This acquisition will enable Autodesk to offer a more comprehensive, cloud-based construction platform. "As designing and making converge, Autodesk is connecting project data from design through construction and putting predictive insights into the hands of contractors," said Andrew Anagnost, Autodesk CEO.
SAN RAFAEL, Calif. , Nov. 20, 2018 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the third quarter of fiscal 2019 and announced the signing of a definitive agreement ...
Autodesk, Inc. (NASDAQ: ADSK ) unveils its next round of earnings this Tuesday, Nov. 20. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement Earnings and Revenue Analysts ...
Investing.com - Rhetoric rather than economics could be the main driver of sentiment in the week ahead, as investors watch further developments in the ongoing trade dispute between the United States and China.