SAN FRANCISCO (AP) 鈥� SAN FRANCISCO (AP) 鈥� Autodesk Inc. (ADSK) on Thursday reported fiscal first-quarter net income of $491 million.
On a per-share basis, the San Francisco-based company said it had profit of $2.32. Earnings, adjusted for one-time gains and costs, were $2.99 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.84 per share.
The design software company posted revenue of $1.93 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $1.89 billion.
For the current quarter ending in July, Autodesk expects its per-share earnings to range from $3.10 to $3.14.
The company said it expects revenue in the range of $2.01 billion to $2.02 billion for the fiscal second quarter.
Autodesk expects full-year earnings in the range of $12.40 to $12.65 per share, with revenue ranging from $8.15 billion to $8.22 billion.
Autodesk shares have declined 19% since the beginning of the year, while the S&P’s 500 index has climbed 10%. In the final minutes of trading on Thursday, shares hit $240.24, a fall of 20% in the last 12 months.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/ADSK
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
