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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Adobe Inc | NASDAQ:ADBE | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.12 | 0.87% | 477.56 | 477.00 | 477.43 | 482.79 | 471.685 | 472.31 | 2,460,120 | 22:19:39 |
From Apr 2021 to Apr 2024
By Matt Grossman
Adobe Inc. Thursday said it is targeting higher earnings and revenue next year as it anticipates growth in its software business.
Adobe set its revenue target at $17.9 billion, with earnings of $10.25 a share, in fiscal 2022. In the latest fiscal year, revenue was $15.79 billion and earnings were $10.02 a share.
Adobe's target is for adjusted earnings of $13.70 a share.
In the fiscal first quarter, Adobe is targeting revenue of $4.23 billion and earnings of $2.63 a share, or $3.35 a share on an adjusted basis.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
December 16, 2021 08:40 ET (13:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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