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ADBE Adobe Inc

475.928
-1.19 (-0.25%)
Pre Market
Last Updated: 13:40:55
Delayed by 15 minutes
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
  -1.19 -0.25% 475.928 473.00 475.00 7,839 13:40:55

Adobe to Start Reporting Revenue on a Constant-Currency Basis

17/12/2021 1:28am

Dow Jones News


Adobe (NASDAQ:ADBE)
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Software company Adobe Inc. will start reporting revenue on a constant-currency basis, Chief Financial Officer Dan Durn said Thursday.

"If you can take out the fluctuations associated with foreign exchange, it gives you a cleaner look at the underlying performance trends of the business," Mr. Durn said.

The company on Thursday reported revenue of $4.11 billion for the quarter ended Dec. 3, up 20% from the prior year quarter.

 

Write to Nina Trentmann at nina.trentmann@wsj.com

 

(END) Dow Jones Newswires

December 16, 2021 20:13 ET (01:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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