Adobe Q2 Earnings Beat But Outlook Falls Short

By | June 16, 2015

Scalper1 News

Adobe Systems (ADBE) reported second-quarter results after the market close Tuesday with revenue that met estimates and earnings that beat, but the outlook fell short. The publishing software developer’s revenue grew 8.8% to $1.16 billion, matching the consensus estimate of analysts. It reported earnings per share minus items of 48 cents, beating the consensus estimate by 3 cents among analysts polled by Thomson Reuters. That was up 30% and marked Scalper1 News

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