💨 Abstract

Autodesk forecasts annual revenue and profit above Wall Street estimates, boosted by strong demand for its design and engineering software in industries such as construction and manufacturing. The company plans to invest more in cloud and AI, while reducing its workforce by about 9%. Autodesk's international operations and 'Fusion' design software have shown strength, and the company expects full-year revenue between $6.90-$6.97 billion, above analysts' average estimate.

Courtesy: theprint.in

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