Investors harshly punish the design software company following reduced guidance, making the shares look compelling at a reduced level.
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Design, engineering and entertainment software juggernaut Autodesk has acquired Blue Ridge Numerics, a company that develops simulation software, for approximately $39 million in cash. Blue Ridge Numerics simulation software allows ... Read Post
Autodesk shares are trading lower in the after-hours session after the design software company provided disappointing guidance for the fiscal first quarter ending in April. For FY Q1 ended January 31, the company reported revenue of... Read Post
Autodesk this afternoon reported disappointing results for its fiscal second quarter ended July 31, as the weak economy takes a toll on the design software company. For the quarter, Autodesk posted revenue of $569 million, up just 4... Read Post