Autodesk Drops 4% Despite Strong Q4 Results and Up…

From Barchart: 2025-02-28 12:10:00

Autodesk (NASDAQ:ADSK) shares dropped 4% despite beating Q4 earnings and revenue estimates. The company announced a restructuring plan with job cuts. Q4 earnings per share were $2.29, exceeding the $2.14 estimate. Revenue was $1.64 billion, higher than the expected $1.63 billion. Full-year forecast includes EPS of $9.34-$9.67 and revenue of $7.06-$7.21 billion, surpassing analyst expectations.



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