Autodesk (NASDAQ:ADSK) announced that it earned 48 cents per share on revenue of $568.7 million, below estimates of 49 cents per share and revenue of $593.5 million. The company expects a profit of 40-45 cents per share in the current quarter, and revenue in the range of $550 to $570 million, well below estimates of 50 cents per share and revenue of $601.3 million.
Autodesk has been losing market share to software companies that produce design software such as Adobe (NASDAQ:ADBE).
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