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Adobe Lifts Guidance and Beats Earnings but Shares Fall 7% — Time to Buy?
11 Articles
11 Articles
Adobe just can’t make investors happy, even after its strong earnings
The software company’s stock logged its seventh postearnings decline in eight quarters, as a boost to the revenue outlook wasn’t enough for Wall Street. Article Attribution | Read More at Article Source The post Adobe just can’t make investors happy, even after its strong earnings appeared first on RocketNews.
Adobe shares slump 7% as investors skeptical of quicker AI-adoption returns - GAGA INDIA
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In addition, the company reached record revenues of 5,870 million dollars in the period, representing an 11% increase in year-on-year comparison. For its part, operating profit has been located at 2,110 million. The revenues of the digital media segment were 4,350 million dollars, representing an annual growth of 11%, while the digital experience division contributed a total of 1,460 million dollars, 10% more than a year ago.
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