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Cad Software Maker Autodesk's Profit Falls


Ron Burgundy
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(Reuters) - Autodesk Inc , which makes computer-aided design software, reported a 32.5 percent fall in quarterly profit, hurt by an increase in operating expenses and cost of revenue. The company's net income fell to $19.1 million, or 8 cents per share, in the first quarter ended April 30, from $28.3 million, or 12 cents per share, a year earlier. Revenue increased to $646.5 million from $592.5 million. (Reporting by Anya George Tharakan in Bengaluru; Editing by Joyjeet Das)

 

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