Adobe Reports Record Q4 and Fiscal 2024 Revenue
Adobe (Nasdaq:ADBE) today reported financial results for its fourth quarter and fiscal year 2024 ended Nov. 29, 2024. “Adobe delivered record FY24 rev
Adobe Inc. Q4 Profit Increases, Beats Estimates
Adobe Inc. (ADBE) released a profit for its fourth quarter that increased from last year and beat the Street estimates. The
Adobe forecasts annual revenue below estimates
Photoshop maker Adobe forecast annual revenue below Wall Street estimates on Wednesday, indicating the company's investments to weave AI into its software applications were taking longer to bear fruit.
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
Adobe expects foreign exchange volatility and the company's shift towards subscriptions to cut into its fiscal 2025 revenue by about $200 million. The company is making significant investments in AI-driven image and video generation technologies in response to the growing competition from well-capitalized startups such as Stability AI and Midjourney.
Adobe weaker revenue guidance for current quarter offsets Q4 results beat
For fiscal Q1, the company said it anticipates that adjusted EPS of $4.95 to $5.00, topping estimates of $4.94, while revenue was guided in a range of $5.63B to $5.68B, missing estimates of $5.72B.
Adobe Stock Drops as Revenue Forecast Disappoints
Adobe (ADBE) issued a revenue outlook that came in below analysts’ expectations, sending shares lower in extended trading Wednesday. The Creative Cloud software provider projected 2025 revenue of $23.
Adobe Systems (ADBE) Q4 Earnings and Revenues Beat Estimates
Adobe Systems (ADBE) came out with quarterly earnings of $4.81 per share, beating the Zacks Consensus Estimate of $4.66 per share. This compares to earnings of $4.27 per share a year ago. These figures are adjusted for non-recurring items.
Adobe Quarterly Results Beat Views, Fiscal 2025 Outlook Falls Short
Adobe (ADBE) late Wednesday reported fiscal fourth-quarter results that topped market expectations, driven by double-digit revenue gains in digital media and experience. The software maker's adjusted earnings per share rose to $4.
Adobe slides as 2025 guidance falls short of expectations
Adobe (NASDAQ:ADBE) shares fell nearly 6.5% in late trading on Wednesday after the Photoshop creator issued guidance for fiscal 2025 that fell short of Wall Street's expectations. Looking to the next fiscal year,
Adobe Results Seen as ‘Make-or-Break’ to Prove AI Credentials
Adobe Inc. is running out of time to show investors it can be a winner in the artificial intelligence era.
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
In the same period last year, Adobe reported earnings of $4.27 a share on revenue of $5.05 billion. Digital media — the ...
Adobe Beats Expectations on All Fronts
The software company reported record revenue for its fiscal 2024 fourth quarter, and surpassed both analysts' estimates and ...
Adobe Pre-Earnings: No Reason for Bearish Sentiment This Time
Adobe’s (ADBE) fiscal Q4 earnings are set to be released on December 11th, after the market close. I remain bullish on Adobe ...
Adobe Earnings Disappoint, Wray To Resign From FBI, More
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2024 was a great year, strong close to Q4, says Adobe CEO Shantanu Narayen
Shantanu Narayen, Adobe chairman & CEO, joins 'Closing Bell Overtime' to talk Adobe's Q4 results ahead of the earnings call.
Adobe Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
BMO Capital analyst Keith Bachman maintained an Outperform rating and boosted the price target from $580 to $600 on Dec. 6.
Adobe Gives Tepid Sales Outlook, Stoking AI Disruption Fears
Adobe Inc. gave a disappointing annual sales outlook, underscoring anxieties that the creative software giant could be ...