Autodesk Drops as MaintainX Costs Weigh on Near-Term Guidance
ADSK slipped after Autodesk’s Q3 adjusted EPS outlook missed estimates. Q2 beat, full-year sales guidance rose, but MaintainX costs weigh.
ADSK slipped after Autodesk’s Q3 adjusted EPS outlook missed estimates. Q2 beat, full-year sales guidance rose, but MaintainX costs weigh.
Autodesk beat earnings, raised outlook, and will buy MaintainX for $3.6B to connect design and real-world operations with AI.
Autodesk reported strong Q3 results with revenue of $1.85B, beating estimates. The design software maker raised full-year guidance driven by cloud subscriptions and AI integration.