Autodesk flooded with more business than it expected in the first half, CEO says

Autodesk Inc. Chief Executive Andrew Anagnost said his company was flooded with more business than it expected in the first half of the year as it benefits from a design-and-make boom that has enterprise and small-business customers scrambling for more 3-D and workflow products.

Manufacturing clients in particular are fully digitizing their tools and factories, changing their supply chains, to improve manufacturing workflow efficiency, he said. AI is driving much of that activity, especially as companies scramble to exit manufacturing arrangements in China. Autodesk benefitted from the first-half boom Wednesday. Autodesk’s stock ADSK, +2.72% climbed 7% in extended trading following quarterly results that topped analyst revenue and earnings estimates.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Autodesk’s stock jumps 7% on revenue, earnings beatShares of Autodesk Inc. climbed 7% in extended trading Wednesday after the software company reported quarterly results that topped analyst revenue and...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Stocks making the biggest moves after hours: Nvidia, Splunk, Autodesk, Guess and moreThese are the stocks posting the largest moves in extended trading.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Berkshire Hathaway Inc. Cl B stock falls Tuesday, underperforms marketShares of Berkshire Hathaway Inc. Cl B slipped 0.43% to $350.57 Tuesday, on what proved to be an all-around poor trading session for the stock market, with...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »