We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.02 | -0.63% | 474.10 | 472.50 | 474.89 | 474.5042 | 465.78 | 469.2624 | 2,140,014 | 01:00:00 |
From Apr 2021 to Apr 2024
By Maria Armental
Adobe Inc.'s financial guidance for the current quarter beat Wall Street projections, pointing to strong momentum with typical fourth-quarter strength.
This quarter, Adobe expects to make about $2.27 a share, or $3 a share as adjusted, on about $3.88 billion in revenue. Analysts expect $2.18 a share, or $2.89 a share as adjusted, on $3.83 billion in revenue.
The forecast, Adobe said, accounts for current macroeconomic conditions and expected return of summer seasonality.
"With the momentum we are seeing across creativity, digital documents and customer experience management, we are on track for another record year with a strong first half already in the books," Chief Financial Officer John Murphy said in a prepared statement. "Few companies of our scale can boast 20 percent plus revenue growth, world-class operating margins and a recurring-revenue model built for long-term growth and profitability."
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
June 17, 2021 16:40 ET (20:40 GMT)
Copyright (c) 2021 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
Hot Features
Premium
