We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.91 | 1.04% | 478.35 | 478.22 | 478.37 | 482.79 | 471.685 | 472.31 | 1,636,077 | 20:29:15 |
From Apr 2021 to Apr 2024
Hot Features
Premium
By Maria Armental
Adobe Inc. on Tuesday lowered a key subscription revenue metric and estimated a $75 million annual revenue hit from the war in Ukraine.
The company reduced its digital media annualized recurring revenue balance by $75 million, which it said represented all ARR for existing business in Russia and Belarus. And while it intends to continue offering those services in Ukraine, it said it had reduced ARR by an additional $12 million, which it said represents the entire digital media business in Ukraine.
This quarter, it expects to generate a profit of $2.44 a share, or $3.30 a share as adjusted, on $4.34 billion in revenue. That forecast, which it said factors in the current conditions, fell short of analysts' projection of $2.56 a share, or $3.35 a share as adjusted, and $4.4 billion in revenue, according to FactSet.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 22, 2022 16:39 ET (20:39 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Adobe Chart |
1 Month Adobe Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
