Adobe Systems Incorporated ADBE reports earnings on Tuesday afternoon. Below is a live blog of the events.
The conference call is expected to begin at 5:00pm EDT.
04:47:29pm: Adobe isn't getting much buzz on Twitter, but CNNMoney's Paul R. La Monica had this to say:
Expectations too high for Adobe? Beat on earnings and sales. Company even referred to results as "strong." But $ADBE down 4% after hours.
— Paul R. La Monica (@LaMonicaBuzz) March 17, 2015
04:46:11pm: Earlier today Adobe announced the Document Cloud, a new service to manage "critical documents" in the home and office across multiple devices.
04:44:19pm: A historical look at earnings, courtesy of FindTheBest:
04:28:34pm: Stock down 3.4 percent after-hours.
04:17:17pm: Adobe Offers Conference Call Slides Ahead of Presentation: Sees Q2 Adj. EPS $0.41-$0.47 vs $0.48 Est., Sales $1.125B-$1.175B vs $1.18B Est.
04:05:25pm: Adobe Reports Q1 EPS $0.44 Vs Est $0.39, Sales $1.11B Vs Est $1.08B
Related Links
- Adobe Systems: Morgan Stanley 'Anticipating A Seasonally Tougher Q1'
- James Ramelli Options Play On Adobe Going Into Its Earnings
- Why Deutsche Bank Still Loves Adobe; Susquehanna Agrees
Image credit: Christian Van Der Henst S, Flickr
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