Autodesk forecasts quarterly profit below Wall Street estimates, shares dip
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5 Articles
Autodesk forecasts quarterly profit below Wall Street estimates, shares dip
Aug 27 (Reuters) - Autodesk forecast third-quarter adjusted profit below expectations on Thursday, sending its shares down more than 5% in extended trading, as investors worry over the potential disruption from AI tools on the software company. The d...
Autodesk shares fall despite Q2 beat as cash flow guidance narrows
Shares of Autodesk Inc. fell about 5% in late trading today after the design software company beat Wall Street targets in its fiscal 2027 second quarter and then trimmed the midpoint of its full-year free cash flow forecast. For the quarter that ended on July 31, Autodesk reported adjusted earnings of $3.30 per share, up […] The post Autodesk shares fall despite Q2 beat as cash flow guidance narrows appeared first on SiliconANGLE.
Autodesk Shares Drop 5% as Revenue Outlook Increases, Cash-Flow Midpoint Decreases
SAN FRANCISCO, August 27, 2026, 16:35 (ET) Autodesk (ADSK.O) shares declined 5% after the company raised its revenue guidance but lowered the midpoint of its cash flow forecast. Shares of Autodesk dropped 5.0% to $257 as of 4:30 p.m. ET, following a previous close of $270.58.Revenue for fiscal Q2 increased by 16% to $2.046 billion,…
The American software company Autodesk reports adjusted earnings per share of $3.30 for the second quarter of the broken fiscal year 2027.
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