AEC Market Growth for Autodesk

Overall the second quarter results from Autodesk were disappointing as the stock price has been predicting. The one bright spot was the AEC – Architecture, Engineering and Construction market which saw revenue increase by 9 percent to $177 million compared to the second quarter last year.

A particularly worrisome result was the decrease inĀ  revenue from flagship products – AutoCAD, decreased 11 percent to $289 million compared to the second quarter last year. Overall things are not going in the right direction.

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