Adobe Systems (ADBE) came out with quarterly earnings of $4.48 per share, beating the Zacks Consensus Estimate of $4.39 per share. This compares to earnings of $3.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.05%. A quarter ago, it was expected that this software maker would post earnings of $4.38 per share when it actually produced earnings of $4.48, delivering a surprise of 2.28%.Over the last four quarters, the compa ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Shantanu Narayen, CEO of Adobe being interviewed by Jim CramerAdobe shares jumped 15% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates.Here's how the company did in comparison with LSEG consensus:Earnings per share: $4.48 adjusted, vs. $4.39 expectedRevenue: $5.31 billion vs. $5.29 billion expectedAdobe's revenue grew 10% year over year in the quarter, which ended on May 31, according to a statement.The company called for adjusted earnings p ...

Exhibit 99.1 Investor Relations Contact Jonathan Vaas Adobe ir@adobe.com Public Relations Contact Ashley Levine Adobe adobepr@adobe.com FOR IMMEDIATE RELEASE Adobe Reports Record Revenue in Q2 Fiscal 2024 Company raises annual targets for Digital Media net new ARR, Digital Experience subscription revenue and EPS SAN JOSE, Calif. – June 13, 2024 – Adobe (Nasdaq:ADBE) today reported financial results for its second quarter fiscal year 2024 ended May 31, 2024. “Adobe achieved record revenue of $5.31 billion dr ...

BRAZIL - 2022/05/20: In this photo illustration, the Adobe Inc. logo seen displayed on a smartphone ... [+] screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Adobe is scheduled to report earnings after Thursday’s close. The stock hit a record high of $699.54 in 2021 and is currently trading near $458. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbe ...

Loading...Loading...Adobe Inc. ADBE is set to release second-quarter financial results, after the closing bell on Thursday.Analysts expect the San Jose, California-based company to report quarterly earnings at $4.39 per share, up from $3.91 per share in the year-ago period. Adobe is expected to post revenue of $5.29 billion, according to data from Benzinga Pro.On March 14, Adobe reported better-than-expected results for its first quarter but issued weak revenue guidance for the current quarter.Adobe shares ...

Loading...Loading...With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Signet Jewelers Limited SIG to report quarterly earnings at $0.85 per share on revenue of $1.51 billion before the opening bell, according to data from Benzinga Pro. Signet Jewelers shares rose 1.1% to $109.57 in after-hours trading.Broadcom Inc. AVGO posted stronger-than-expected results for its second quarter. The company declared a qu ...

Adobe’s (ADBE) second-quarter fiscal 2024 results, scheduled to be released on Jun 13, are likely to reflect its Digital Media segment’s strength.Digital Media has been the key driver behind the company’s growth on the back of its Creative family of products and Document Services products.With its robust Digital Media solutions, ADBE helps content creators, app and game developers, and creative professionals, such as graphic designers, photographers and video editors, to generate, publish and promote their ...

Loading...Loading...Shares of Adobe Inc ADBE were climbing in early trading on Wednesday, ahead of the release of the company's fiscal second-quarter results on Thursday.Expectations for the company's upcoming quarterly results are "depressed," according to JPMorgan.The Adobe Analyst: Mark Murphy maintained a Neutral rating and price target of $570 on the stock.The Adobe Thesis: Investors remain cautious in view of Adobe's fiscal first-quarter performance as well as several application software companies re ...

SAN FRANCISCO, CALIFORNIA - DECEMBER 13: A sign is displayed on the exterior of an Adobe office on ... [+] December 13, 2023 in San Francisco, California. Computer software company Adobe will report fourth quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images)Getty ImagesAdobe (NASDAQ: ADBE) stock has lost 23% YTD as compared to the 12% rise in the S&P 500 index. In sharp contrast, Adobe’s peer Oracle (NYSE: ORCL) is up 20% over the same period. Further, ADBE is scheduled to ...