Adobe Stock Drops 11% Despite Earnings Beat, as Revenue …

Mar 15, 2024 · Adobe Stock Drops 11% Despite Earnings Beat, as Revenue Guidance Is Lower Than Wall Street Expected ... Within the digital media segment, creative revenue rose 11% to $3.07 billion, and document ...

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Adobe Stock Drops 11% Despite Earnings Beat, As Revenue …

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Adobe's (NASDAQ:ADBE) Q1 Earnings Results: Revenue In Line …

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Mar 14, 2024 · Creative software maker Adobe (NASDAQ:ADBE) reported results in line with analysts' expectations in Q1 FY2024, with revenue up 11.3% year on year to $5.18 billion. On …

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Adobe Earnings Report Brings Records, But Stock Falls As Outlook ...

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Sep 13, 2024 · Adobe earnings report brings records, but stock falls as outlook underwhelms ... digital-media revenue grew 11% to $4.00 billion and slightly exceeded the FactSet consensus …

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Adobe Shares Tumble 9% After Lowering Guidance - Forbes

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Sep 13, 2024 · Adobe said Thursday it expects earnings per share between $4.63 and $4.68 on revenue between $5.5 billion and $5.55 billion for its fourth quarter, lower than analyst …

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Adobe Earnings Beat Expectations. Why The Stock Is Falling. - MSN

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The company posts revenue of $5.4 billion in latest quarter. Sales in Adobe’s biggest category, which includes products for creating digital media, grew 11% year over year to $4 billion.

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Adobe Stock Drops 11% Despite Earnings Beat, As Revenue

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Mar 15, 2024 · Shares of (NASDAQ: ADBE) declined 11% in Thursday's after-hours trading following the software-as-a-service (SaaS) company's release of its report for the first quarter …

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Adobe Drops 10% On Disappointing Guidance Despite Q4 …

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Dec 17, 2021 · Fiscal 2021 Results For Fiscal 2021, Adobe reported total revenue of $15.79 billion, up 23% year-over-year. Adjusted earnings came in at $12.48 per share, up from $10.10 …

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Adobe Drops Despite Earnings Beat As The Clock Is Ticking

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Sep 15, 2023 · But looking ahead to the remainder of the year, Adobe is expecting 4th quarter revenue between $4.975 billion and $5.025 billion. This works out to earnings between $4.10 …

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Adobe Shares Drop After 'Disappointing Guidance': 3 Analysts …

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Mar 15, 2024 · Shares of Adobe Inc (NASDAQ: ADBE) tanked by more than 14.2% to $489.38 at the time of publication on Friday, after the company reported fiscal first-quarter earnings.

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Adobe Systems (ADBE) Stock Drops Despite Market Gains: …

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The company's earnings report is set to be unveiled on December 11, 2024. The company's earnings per share (EPS) are projected to be $4.66, reflecting a 9.13% increase from the …

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Adobe Shares Sell Off After Earnings Beat, But 4 Analysts Are As ...

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Sep 15, 2023 · The earnings beat came in 20.29% higher than the $3.40 earnings per share from the same quarter last year. The company reported quarterly sales of $4.89 billion, slightly …

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Nvidia Earnings Recap: CEO Talks Blackwell Demand, Trump Tariffs ...

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6 days ago · Nvidia stock was down 2% heading into its third-quarter earnings report. The intra-day decline was more than triple the Nasdaq's 0.6% decline, and far outpaced the S&P 500's …

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Adobe Stock Jumps 15% After AI-Fueled Earnings Beat

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Jun 14, 2024 · Adobe shares surged nearly 15% in extended trading Thursday after the media software maker released earnings that topped estimates and lifted its full-year guidance. …

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Arcus Biosciences (RCUS) Earnings Date And Reports 2024

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4 days ago · Beat/Miss GAAP EPS Revenue Estimate Actual Revenue Links; 2/19/2025 (Estimated)----- 11/6/2024: Q3 2024-$1.06-$1.00 ... Alibaba Stock: Why Earnings Make It a …

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FAQs about Adobe Stock Drops 11% Despite Earnings Beat, as Revenue … Coupon?

Is Adobe Stock down 8%?

As of Friday’s share price, Adobe’s stock is now down more than 8% on the year. Adobe said Thursday it expects earnings per share between $4.63 and $4.68 on revenue between $5.5 billion and $5.55 billion for its fourth quarter, lower than analyst estimates of $4.67 per share and $5.61 billion, according to FactSet. ...

Why did Adobe stock drop 11%?

Shares of Adobe (ADBE -0.45%) declined 11% in Thursday's after-hours trading following the software-as-a-service (SaaS) company's release of its report for the first quarter of fiscal 2024 (ended March 1). The stock's drop is largely attributable to revenue guidance for the second quarter coming in lighter than Wall Street had expected. ...

How much money did Adobe Make in November?

In its press release, Adobe guided to November quarter revenue between $5.50 billion and $5.55 billion, with cash profit between $4.63 to $4.68 a share. Those numbers are actually a bit below Wall Street’s average forecast for revenue of $5.6 billion, and earnings of $4.67 a share. ...

Why did Adobe stock drop 9% on Friday?

Click to save this article. You'll be asked to sign into your Forbes account. Adobe’s stock slid 9% on Friday after the company reported a lower forecast for its upcoming quarter than expected, bringing the software firm’s shares down into the negative for the year despite beating estimates for earnings and revenue. ...

Why did Adobe Stock fall 14.6% in the morning session?

Shares of creative software maker Adobe (NASDAQ:ADBE) fell 14.6% in the morning session after the company reported first-quarter results and provided revenue guidance for the next quarter, which fell below analysts' expectations as its net new digital media ARR guidance of $440 million fell short of analysts' $468 million forecast. ...

Why did Adobe (ADBE) stock fall 10%?

Adobe (NASDAQ: ADBE)'s stock fell by 10% following its 3Q earnings report, which beat both revenue and non-GAAP EPS estimates. However, the company issued weak 4Q guidance, signaling a deceleration in top-line growth to the high single digits. ...