Adobe Cloud Transition Surpassing Expectations

By | December 12, 2013

Scalper1 News

Adobe Systems signed up more subscribers than expected to its Creative Cloud service last quarter. That news late Thursday cheered investors, who pushed Adobe stock up 7% in after-hours trading. The graphic design and media software maker posted sales and earnings for its fiscal Q4 ended Nov. 29 that met views, but it gave Q1 and full-year guidance well below views. Wall Street, though, keyed in on the growth of the company’s cloud-computing Scalper1 News

Scalper1 News