Autodesk shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Autodesk reported better-than-expected Q2 financial results and issued Q3 and FY24 EPS guidance above estimates, leading to a rise in its share price.
August 23, 2023 | 8:06 pm
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Autodesk's shares are trading higher due to better-than-expected Q2 results and positive Q3 and FY24 EPS guidance.
Autodesk's better-than-expected Q2 results and higher Q3 and FY24 EPS guidance indicate strong financial performance and future growth prospects, which are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100