Adobe forecasts downbeat second-quarter revenue - Nasdaq

Mar 14, 2024  · Adobe also announced a new $25 billion stock repurchase program on Thursday. On an adjusted basis, the company forecast second-quarter earnings per share between …


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Adobe Forecasts Downbeat Second-quarter Revenue - Nasdaq

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Mar 14, 2024  · Adobe also announced a new $25 billion stock repurchase program on Thursday. On an adjusted basis, the company forecast second-quarter earnings per share between …

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Adobe Forecasts Downbeat Second-quarter Revenue - Yahoo Finance

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Mar 14, 2024  · For the first quarter, the company's revenue rose more than 11% to $5.18 billion, beating estimates of $5.14 billion. Adobe also announced a new $25 billion stock repurchase …

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Adobe Forecasts Downbeat Second-Quarter Revenue - U.S. News

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Mar 14, 2024  · For the first quarter, the company's revenue rose more than 11% to $5.18 billion, beating estimates of $5.14 billion. Adobe also announced a new $25 billion stock repurchase …

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Adobe Forecasts Downbeat Second-quarter Revenue | Reuters

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Mar 14, 2024  · For the first quarter, the company's revenue rose more than 11% to $5.18 billion, beating estimates of $5.14 billion. Adobe also announced a new $25 billion stock repurchase …

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Adobe Forecasts Downbeat Second-quarter Revenue - Investing.com

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Mar 14, 2024  · For the first quarter, the company's revenue rose more than 11% to $5.18 billion, beating estimates of $5.14 billion. Adobe also announced a new $25 billion stock repurchase …

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Adobe Forecasts Downbeat Second-quarter Revenue - Yahoo …

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Mar 14, 2024  · For the first quarter, the company's revenue rose more than 11% to $5.18 billion, beating estimates of $5.14 billion. Adobe also announced a new $25 billion stock repurchase …

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Adobe Tumbles As Q2 Forecast Falls Short Of ... - Seeking Alpha

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Mar 14, 2024  · Looking ahead, Adobe said it expects to earn between $4.35 and $4.40 per share on an adjusted basis during the fiscal second-quarter, while revenue is forecast to be between …

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What To Expect From Adobe's Next Quarterly Earnings Report

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Oct 29, 2024  · Ahead of the event, analysts expect Adobe to report a profit of $3.77 per share, up 7.1% from $3.52 per share reported in the year-ago quarter. The company has surpassed Wall …

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Adobe Falls As Annual Revenue Forecast Triggers Concerns On …

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Dec 12, 2024  · (Reuters) -Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments …

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Adobe Forecasts Downbeat Quarterly Earnings On Cautious Tech …

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Sep 12, 2024  · Revenue for the quarter ended Aug. 30 was $5.41 billion, above LSEG estimates of $5.37 billion. Operating expenses for the third quarter were $2.86 billion, compared with …

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Adobe Shares Surge As Revenue Climbs. Is It Too Late To Buy

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Jun 24, 2024  · Looking ahead, Adobe forecast fiscal third-quarter revenue of between $5.33 billion and $5.38 billion. It expects digital media segment revenue of between $3.95 billion and …

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Adobe Falls As Annual Revenue Forecast Triggers Concerns On …

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Dec 12, 2024  · By Siddarth S (Reuters) -Shares of Adobe (NASDAQ: ADBE) fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns …

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Adobe Shares Sink Despite Record Revenue. Should Investors Buy …

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Dec 16, 2024  · Creative Cloud, its largest business, saw new ARR increase just 2% in the quarter, while it forecast decelerating revenue growth for 2025. The company is trying to …

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Why Is Adobe (ADBE) Down 11.6% Since Last Earnings Report?

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6 days ago  · A month has gone by since the last earnings report for Adobe Systems (ADBE Quick Quote ADBE - Free Report) . Shares have lost about 11.6% in that time frame, …

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Here's Why Adobe Stock Declined By 26% In 2024 - Nasdaq

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4 days ago  · Shares in digital media technology company Adobe (NASDAQ: ADBE) declined by 25.5% in 2024, according to data provided by S&P Global Market Intelligence. Frankly, this …

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3 Storage Devices Stocks To Watch Amid Industry Headwinds

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1 day ago  · The industry’s positioning in the bottom 50% of the Zacks-ranked industries is a result of a downbeat earnings outlook for the constituent companies in aggregate. ... than 10,500 in …

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FAQs about Adobe forecasts downbeat second-quarter revenue - Nasdaq Coupon?

What is Adobe's forecast for fiscal third-quarter revenue?

Looking ahead, Adobe forecast fiscal third-quarter revenue of between $5.33 billion and $5.38 billion. It expects digital media segment revenue of between $3.95 billion and $3.98 billion and digital experience segment revenue of between $1.325 billion and $1.345 billion. It guided for adjusted EPS of $4.50 to $4.55. ...

What will Adobe's Q2 earnings look like?

Currently, the analysts expect Adobe to post earnings of $3.79 per share in Q2, compared with $3.35 per share reported in the prior-year period. Meanwhile, revenue is expected to rise about 10% from the year-ago quarter to $4.77 billion. TipRanks’ Website Traffic Tool offers insight into Adobe’s fiscal second-quarter performance. ...

How did Adobe perform in the third quarter?

In the fiscal third quarter, Adobe reported that sales increased 11% to $5.41 billion. Profit, excluding some items, was $4.65 a share. Analysts, on average, projected earnings of $4.53 a share on revenue of $5.37 billion, according to data compiled by Bloomberg. ...

Why did Adobe Stock fall 10% in premarket trading?

(Reuters) - Shares of Adobe fell nearly 10% in premarket trading on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments into its software applications might take longer than expected. ...

How did Adobe perform in fiscal first-quarter?

For the fiscal first-quarter, which ended on March 1, Adobe said it earned an adjusted $4.48 per share on $5.18B in revenue, as Digital Media revenue grew 12% year-over-year to $3.82B. Creative revenue grew to $3.07B, up 11% year-over-year while Document Cloud revenue jumped 18% in constant currency to $750M. ...

How did Adobe's website traffic perform in fiscal second-quarter?

TipRanks’ Website Traffic Tool offers insight into Adobe’s fiscal second-quarter performance. According to the tool, ADBE’s website traffic registered a 32% year-over-year rise in global visits during the quarter. The increase in monthly visits could indicate that demand for the company’s products remained strong during the quarter. ...

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