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UPDATE 2-CAD software maker Autodesk's forecast disappoints

* Cuts FY adj. profit forecast for second time * Q2 rev $609.5 mln vs est. $612.4 mln * To buy SeeControl, an enterprise Internet of Things platform (Adds details, CEO comments from conference call) Aug 27 (Reuters) - Autodesk Inc, the maker of computer-aided design (CAD) software, cut its full-year profit and revenue forecast for the second time this year, sending its shares down 7 percent. ...
Source: Reuters
UPDATE 1-CAD software maker Autodesk's revenue misses estimates

(Adds forecast, details, update shares) Aug 27 (Reuters) - Autodesk Inc, the maker of computer-aided design (CAD) software, reported lower-than-expected quarterly revenue as its licensing revenue declined because of the company's shift to a cloud-based subscription model. Shares of Autodesk, which also cut its current-year profit forecast for the second time, fell 5.5 percent to $47.24 in ...
Source: Reuters