Autodesk drops after posting earnings beat late Thursday
Autodesk shares fell over 5% after hours Thursday, despite reporting fiscal Q1 revenue of $1.93 billion and adjusted earnings of $2.99 per share, both above analyst estimates. The company announced a $3.6 billion cash deal to acquire MaintainX and raised its 2027 revenue and earnings forecasts. Shares closed regular trading up 1.7% at $240.95 before dropping to around $228 post-close.