Investing.com -- Autodesk shares up more than 6% in afterhours trading as it reported fourth-quarter earnings and revenue above Wall Street expectations, while issuing an upbeat full-year forecast and announcing a restructuring plan that includes job cuts.

The company posted earnings per share of $2.29, beating analysts’ average estimate of $2.14. Revenue for the quarter rose to $1.64 billion, slightly ahead of the consensus estimate of $1.63 billion.

Autodesk (NASDAQ:ADSK) forecast earnings per share between $2.14 and $2.17 for the first quarter of 2026, above analysts’ expectation of $2.07.

It projected revenue in the range of $1.6 billion to $1.61 billion, in line with estimates.

For the full year Autodesk expects earnings per share of $9.34 to $9.67, surpassing the consensus of $9.26. It sees revenue between $7.06 billion and $7.21 billion, also above analysts’ expectation of $6.89 billion.

The company announced a worldwide restructuring plan that includes reducing its workforce by about 9%, or roughly 1,350 employees. The plan also involves facility reductions and other exit costs, with Autodesk expecting to incur pre-tax restructuring charges of $135 million to $150 million.

CEO Andrew Anagnost said Autodesk is reallocating resources toward cloud-based design and AI-driven technologies while optimizing its sales and marketing functions. CFO Janesh Moorjani added that the restructuring follows the completion of a new transaction model and aims to improve margins to be among the best in the industry.

Related Articles

Autodesk shares jump after Q4 beat, upbeat forecast and job cuts announcement

Monster Beverage earnings missed by $0.02, revenue topped estimates

Panama concerned about economic toll of Cobre Panama mine closure