Autodesk, Inc. (ADSK) Thursday reported first-quarter profit of $55.6 million or $0.24 per share, down from $78.9 million or $0.34 per share in the same period last year.
Adjusted earnings for the quarter was $0.42 per share. On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.45 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues dropped to $570.4 million from $588.6 million last year. Analysts expected revenues of $583.40 million.
Looking ahead to the second quarter, the company targets earnings in the range of $0.21 to $0.26 per share, with adjusted earnings ranging between $0.39 and $0.44 per share.
Revenues are forecast in a range of $550 million to $570 million. Analysts currently expect the company to earn $0.51 per share on revenues of $597.53 million for the second quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.