Ludlow Whip 8/28 Autodesk

Autodesk shares fell around 7% as the company cut its full-year outlook, citing trade tensions affecting IT customer spending. Despite this, Autodesk expects 20% growth in the next two quarters, though lower than previous levels. Canaccord Genuity praised Autodesk's proactive management amid global supply chain disruptions. While shares dropped as much as 13.5%, losses were reduced by day's end. Wall Street expressed short-term concerns but noted potential long-term benefits from software adoption.

What was the primary reason for Autodesk's revision of its full-year outlook?

• New government regulations

• Increased competition in the market

• Trade tensions affecting IT customer spending

• A decline in software quality

What growth percentage does Autodesk expect in the next two quarters?

• 10%

• 15%

• 20%

• 25%

Which company praised Autodesk's management approach to global supply chain issues?

• Morgan Stanley

• Goldman Sachs

• JP Morgan

• Canaccord Genuity

How much did Autodesk's shares decline at their lowest point during the trading day?

• 10%

• 20%

• 13.5%

• 15%

What is the long-term outlook for Autodesk according to many analysts?

• Tailwinds in software adoption

• Increased competition

• Stagnation in growth

• Decline in market share