Autodesk Q3 beats Street
Design software maker Autodesk Inc's
Autodesk, which makes the AutoCAD design software for architects and designers, also forecast fourth-quarter earnings of 42-45 cents a share, on revenue of $575-$590 million.
Analysts on average were expecting earnings of 44 cents a share, on revenue of $583.1 million, according to Thomson Reuters I/B/E/S.
The company, which competes with Ansys Inc
Revenue rose 15 percent to $549 million. Revenue from the Asia-Pacific region rose 28 percent to $146 million.
Analysts on average had expected earnings of 41 cents a share, on revenue of $544.1 million, for the second quarter.
Shares of the San Rafael, California-based company were up 1 percent at $34.50 after closing at $34.04 on Tuesday on Nasdaq.
(Reporting by Siddharth Cavale in Bangalore; Editing by Viraj Nair)
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