Reported 27 days ago
Adobe reported strong fiscal Q3 earnings exceeding Wall Street estimates, with adjusted earnings of $4.65 per share and revenue of $5.41 billion. However, shares fell in after-hours trading due to a weaker-than-expected Q4 revenue forecast of $5.50-$5.55 billion, falling short of the anticipated $5.60 billion. Analysts suggest this trend reflects broader market pressures where meeting expectations isn't enough.
Source: YAHOO