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Adobe Falls On Lower Q4 Guidance
Tuesday, September 17, 2019 - 3:18pm | 198Adobe Inc (NASDAQ: ADBE) shares are down despite reporting record third-quarter revenues. Third-quarter earnings came in at $2.05, beating estimates by 8 cents. Sales came in at $2.83 billion, beating estimates by $10 million. The company sees fourth-quarter adjusted EPS at $2.25 versus a $2.30...
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Adobe Shares Trade Higher After Record Q2 Sales
Tuesday, June 18, 2019 - 3:18pm | 191Adobe Inc (NASDAQ: ADBE) shares traded higher after reporting record second-quarter revenues. Second-quarter adjusted earnings came in at $1.83 per share, beating estimates by 5 cents. Sales came in at $2.74 billion, beating estimates by $40 million. The company's third-quarter earnings and...
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Adobe CEO Touts Microsoft Partnership
Thursday, June 22, 2017 - 1:43pm | 337Adobe Systems Incorporated (NASDAQ: ADBE) announced in March a new partnership with Microsoft Corporation (NASDAQ: MSFT) to create a shared data format between Adobe's Marketing Software platform (re-named Experience Cloud) with Microsoft's sales software, Dynamics. The potential for...
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Adobe Max: 10th Annual Conference Highlights The Future Of Design And Innovation
Wednesday, November 2, 2016 - 3:10pm | 533Adobe Systems Incorporated (NASDAQ: ADBE) kicked off its annual Adobe Max conference this week in San Diego. Adobe Max is a creative conference in its tenth year, highlighting the future of creativity and design through the company’s extensive software tools. The event has become a Silicon...
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Adobe Stock Is Rising After Earnings; Highlights From Q4 Conference Call
Friday, December 11, 2015 - 10:35am | 772Shares of Adobe Systems Incorporated (NASDAQ: ADBE) hit a new 52-week high of $93.65 on Friday morning. Adobe reported earnings of $0.62 per share on revenue of $1.31 billion in its fourth quarter results on Thursday. Following the earnings print, Adobe's management hosted a...
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Adobe CEO Weighs In On Second-Quarter Numbers And Stock Buybacks
Wednesday, June 17, 2015 - 1:02pm | 399Adobe Systems Incorporated (NASDAQ: ADBE) reported better than expected second-quarter earnings earlier on Wednesday. The company declared EPS of $0.48 on revenue of $1.16 billion, slightly better than analysts’ estimate of EPS of $0.45 on revenue of $1.16 billion. The company also recently...
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Adobe CEO: 'Every Single Analyst' Identifies Us As The Industry Leader
Wednesday, June 17, 2015 - 10:03am | 593On a day where Adobe Systems Incorporated (NASDAQ: ADBE) introduced its 2015 iteration of Creative Cloud, Adobe beat expectations thanks to its cloud options, specifically Creative Cloud, Document Cloud, and Marketing Cloud. 'Unique Set Of Technology' While most of the earnings call...
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The Comprehensive Take On Adobe Ahead Of Earnings
Monday, June 15, 2015 - 3:47pm | 375With the company set to release earnings after the closing bell on Tuesday, many Adobe Systems Incorporated (NASDAQ: ADBE) traders are mulling over how they should play the stock during the next couple of days. However, long-term investors will likely be more interested in the outlook for the...
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Adobe's CEO Discusses The Company's Cloud Business
Friday, December 12, 2014 - 12:34pm | 354Adobe Systems Incorporated (NASDAQ: ADBE) is flying high on the spectacular quarterly results the company announced after Thursday's market closed. The icing on the cake was the significant number of customers Adobe added to its cloud platform. Adobe CEO, Shantanu Narayen, was on CNBC to...
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Adobe Shoots Higher On Q2 Report, Guidance
Tuesday, June 17, 2014 - 3:46pm | 211Shares of Adobe (NASDAQ: ADBE) shot higher in after-hours trading after the company announced better-than-expected second quarter results. Revenue toppled the analyst estimate by 3.9 percent at $1.07 billion versus $1.03 billion. This is a 5.9 percent increase from the same period a year ago....
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Adobe Rises 5% After Inline Q4
Thursday, December 12, 2013 - 4:32pm | 302Adobe (NASDAQ: ADBE) is up more than five percent in after hours trading after the company announced its fourth quarter results. The Photoshop maker reported a Q4 EPS of $0.32, which was inline with Wall Street's estimates. Earnings per share were down 48 percent from the year-ago period....
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Adobe 2Q Results Beat Expectations but Outlook Disappoints
Wednesday, June 20, 2012 - 7:26am | 343Adobe Systems (NASDAQ: ADBE), the diversified software company, reported second-quarter results that beat analyst expectations, though the full-year forecast saw the company lower the top end of its guidance range for revenue and earnings per share. The lower full-year forecast comes as Adobe...
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Adobe to Cut Jobs to Cope with Sales Slump (ADBE)
Tuesday, November 10, 2009 - 6:32pm | 114Adobe Systems Inc. (NASDAQ: ADBE) announced their plans to cut 680 jobs or 9% of the total workforce as the largest provider of Graphics and Design Program struggle against weakening sales. Adobe CEO, Shantanu Narayen, said that the company is coping with the slow down in demand from Advertisers...