Investing.com - Autodesk (NASDAQ:ADSK) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Autodesk announced earnings per share of $1.04 on revenue of $952.4M. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $942.5M.
Autodesk shares are up 41% from the beginning of the year and are trading at $259.52 , down-from-52-week-high.They are outperforming the Nasdaq which is up 34.15% from the start of the year.
Autodesk shares gained 0.27% in after-hours trade the report.
Autodesk follows other major Technology sector earnings this month
Autodesk's report follows an earnings beat by Apple on Thursday, October 29, 2020, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.7099 on revenue of $63.8B.
Microsoft had beat expectations on Tuesday, October 27, 2020 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
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