Autodesk’s stock jumps 7% on revenue, earnings beat

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Shares of Autodesk Inc. climbed 7% in extended trading Wednesday after the software company reported quarterly results that topped analyst revenue and...

Shares of Autodesk Inc.

climbed 7% in extended trading Wednesday after the software company reported quarterly results that topped analyst revenue and earnings estimates. Autodesk reported fiscal second-quarter net income of $222 million, or $1.03 a share, compared with net income of $186 million, or 85 cents a share, in the year-ago quarter. Adjusted earnings were $1.91 a share. Net revenue increased to $1.35 billion from $1.24 billion a year ago.

 

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