Autodesk: Back to the all-Time High After Strong Quarterly Results and a Forecast Upgrade?

The stock of Autodesk (ADSK) could be on its way back towards its all-time high following the release of quarterly results. Autodesk develops and distributes cloud-based software solutions primarily for the sectors of architecture, construction, engineering, and manufacturing, including media & entertainment. The business model is based on subscription licenses. The share of recurring revenues is over 85%.   New large customers in the manufacturing segment – from aerospace to pharmaceuticals   Autodesk has gained new large customers...