Adobe Systems jumps after investors reconsider Q3 earnings

By | September 18, 2015

Scalper1 News

With its business shift to the Internet cloud largely complete, Adobe Systems (ADBE) is focused on sales and earnings growth. Adobe late Thursday reported accelerating sales and earnings growth in its fiscal third quarter and beat Wall Street’s expectations. The San Jose, Calif.-based digital media software company earned 54 cents a share excluding items, up 93% year over year, on sales of $1.22 billion, up 21%, for the quarter ended Aug. 28. Scalper1 News

Scalper1 News