Autodesk is upping the amount it guestimates it'll make in the coming quarters:
$590 - $595 million revenue, up from the previous guess of $575 - $585 million.
$600 - $610 million, up from $590 million.
$2.45 - $2.5 billion, up from $2.43 - $2.48 billion.
Hopefully Not Bad News for Employees:
"Autodesk said during the first quarter, it will spend about $8 million on cost reduction initiatives." Oops, I forgot: the company already laid off a bunch.
The share price jumped $2 on the news, but still has a ways to go to attain its 52-week-high price of over $50. Details here.