Autodesk: Q2 above expectations.
(CercleFinance.com) - Autodesk's Q2 accounts, published before Wall Street opened on Friday showed a net loss of 144 million dollars, or 66 cents per share, compared to a previous loss of 98.
2 million dollars, or 44 cents per share a year earlier.
On an adjusted basis, the computer-aided design software company announced a loss of 11 cents per share, against a 16-cent loss per share by analysts.
Revenues fell 9% to 502 million dollars. The consensus was also more pessimistic here, expecting 494.8 million dollars.
Autodesk expects an adjusted loss per share of between 54 cents and 61 cents, with revenues between 2.03 billion dollars and 2.05 billion dollars at end-2017.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
2 million dollars, or 44 cents per share a year earlier.
On an adjusted basis, the computer-aided design software company announced a loss of 11 cents per share, against a 16-cent loss per share by analysts.
Revenues fell 9% to 502 million dollars. The consensus was also more pessimistic here, expecting 494.8 million dollars.
Autodesk expects an adjusted loss per share of between 54 cents and 61 cents, with revenues between 2.03 billion dollars and 2.05 billion dollars at end-2017.
Copyright (c) 2017 CercleFinance.com. All rights reserved.