Construction Growth Powers Autodesk's Results

Computer-assisted design (CAD) pioneer and design and project software provider Autodesk (NASDAQ: ADSK) released fiscal third-quarter earnings results on Tuesday after the market close. Shares of the technology investment were trading up roughly 4% at midday on Wednesday as investors endorsed a continuing transition to subscription-based revenue and a focus on the construction software market. Below, let's walk through results of the last three months, keeping in mind that all comparable numbers refer to those of the prior-year quarter.

Data source: Autodesk. EPS = earnings per share. N/A = Not applicable.

Image source: Getty Images.

Continue reading

Source Fool.com