Adobe EPS Growth Best In 4 Years, But Outlook Soft

By | March 17, 2015

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Adobe Systems late Tuesday posted its best quarterly earnings growth in more than four years, but investors were looking for more green in its forecast. Adobe (ADBE) earned 44 cents a share, excluding items, for its fiscal first quarter, which ended Feb. 27, up 46% from a year earlier and topping Wall Street’s target by 5 cents. Sales rose 11% to $1.109 billion, vs. the consensus forecast of analysts for $1.085 billion. On a GAAP Scalper1 News

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