<ul><li>Autodesk's shares rose over 3% after reporting better-than-expected earnings and revenue for the fiscal 2026 first quarter.</li><li>The company reported adjusted earnings per share of $2.29 and revenue of $1.633 billion, surpassing analyst expectations.</li><li>Key to the strong results were billings, which increased by 29% year-over-year, and improvements to Autodesk Fusion 360, the company's cloud-based design platform.</li><li>Autodesk also announced plans to cut 1,350 jobs as part of a restructuring plan focused on AI and cloud services.</li></ul>

Autodesk shares rise on upbeat first quarter results and positive guidance

Discover more