Autodesk - CAD and CAM Specialist Impresses with Strong Numbers!
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Business Driver: Autodesk (ADSK) has established itself as one of the technologically leading providers in CAD and CAM software solutions with Maya, Fusion 360, AutoCAD, 3ds MAX, among others. With SaaS-based cloud platform solutions like Autodesk Construction Cloud (ACC) that generate significant recurring revenues through design and construction processes enhanced by appropriate AI tools, the margin profile should also continue to improve. On November 25, the company surprised with a very strong Q3 result. The adjusted earnings per share improved...
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