Adobe shares slip 10% on soft revenue forecast

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024.Adobe shares tumbled as much as 9% in extended trading on Thursday after the design software maker issued strong fiscal first-quarter results but came up slightly short on quarterly revenue guidance.Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: $4.48, adjusted, vs. $4.38 expectedRevenue: $5.18 billi ...