Autodesk Stock Sinks as Solid Results Offset by CFO Change
ADSKAutodesk(ADSK) Investopedia·2024-11-27 23:41

Key TakeawaysAutodesk reported better-than-expected adjusted profit and sales, but shares fell as the design software maker announced a CFO change.Interim CFO Betsy Rafael will be replaced by Janesh Moorjani at the end of the fiscal year.Rafael moved into the post in May following an audit committee report about the company's accounting practices. Autodesk (ADSK) shares fell 6% Wednesday, a day after the design software maker's solid results were overshadowed by questions about the effect of a Chief Financi ...