Adobe stock falls after earnings and revenue beat consensus estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

México Noticias Noticias

México Últimas Noticias,México Titulares

Adobe Inc. ADBE, +1.25% shares fell than 1% in the extended session Thursday after the software company beat Wall Street estimates for earnings and revenue.

The company reported fiscal first-quarter net income of $674.2 million, or $1.36 a share, compared with $492.1 million, or $1.17 a share, in the year-ago period. Adjusted for stock-based compensation, investment losses and tax adjustments, among other things, earnings were $1.71 a share, compared with $1.55 a share in the year-ago period. Revenue rose to $2.6 billion from $2.08 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Eventbrite stock plummets 20% after earnings miss, revenue beat
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Etsy jumps after beating on earnings and revenue'In a world where automation is changing the nature of work, creativity can't be automated,' Etsy's CEO Josh Silverman talks about the 584% stock price increase that's happened in the 2 years since he joined the company. Business always use to work on new ideas. New ideas begets new businesses. For business the first need is idea and capital is the secondary. If a person is going to start a business without a full planned idea, what will happen to his money it is easy for everyone to understand. Etsy has a brilliant business model. You pay them to post your product to sell on their platform, then they charge you to advertise on their platform; they know your income, and take all your profits in advertising; you work for them.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Oracle's near-record high stock wobbles after earnings beat
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Semtech stock halted after earnings beat, weak guidance
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

MongoDB stock gains 12% after earnings beat, bullish guidance.BackAftaThis MikeFrancesa Not bad at all.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Stitch Fix stock soars 20% after earnings beat
Fuente: CNBC - 🏆 12. / 72 Leer más »

Stitch Fix stock climbs more than 14% after earnings beat
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

GE shares drop after giving 2019 earnings forecast lower than Wall Street estimatesGeneral Electric gave shareholders an updated earnings forecast on Thursday.
Fuente: CNBC - 🏆 12. / 72 Leer más »