Adobe Tops Wall Street Views With Q1 Sales, Earnings

By | March 18, 2014

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Adobe Systems posted better-than-expected fiscal Q1 results late Tuesday, as the provider of creative software and online marketing services continues its transition to the Internet cloud. Its guidance also beat. Adobe Systems (ADBE) earned 30 cents a share excluding items, down 14% from the year-earlier quarter, on sales of $1 billion, down a fraction, for the quarter ended Feb. 28. Analysts polled by Thomson Reuters expected the San Jose, Scalper1 News

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