Adobe shares soar 15% on better-than-expected results
Adobe(ADBE) CNBC·2024-06-13 20:19
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 ...