Autodesk's (ADSK) Q2 miss and ugly guidance has led to modest AH drops in CAD software rivals...

|By:, SA News Editor

Autodesk's (ADSK) Q2 miss and ugly guidance has led to modest AH drops in CAD software rivals Parametric (PMTC) and Ansys (ANSS). During its earnings call, Autodesk claimed weak sales in Central Europe (Germany?), Brazil, and India had much to do with its revenue shortfall. Also, demand didn't pick up in July ahead of an August product refresh/price increase, as is historically the case. ADSK -22.4% AH.