Reported 2 days ago
Autodesk (NASDAQ: ADSK) saw its stock rise by 9% after announcing strong quarterly earnings, surpassing both revenue and profit expectations. The company reported $1.76 billion in revenue for Q2 fiscal 2026, a 17% increase year-over-year, and adjusted earnings per share of $2.62, a 22% rise. The surge in stock price was notable as it outperformed the S&P 500, which fell by 0.6%. Autodesk's positive outlook for the rest of the fiscal year underpinned investor confidence.
Source: YAHOO