Page 179 - Adobe News Today

Adobe (NASDAQ:ADBE – Get Rating) updated its third quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.95-4.00 for the period, compared to the consensus estimate of $3.88. The company issued revenue guidance of $4.83-4.87 billion, compared to the consensus revenue estimate of $4.86 billion. Adobe also updated its FY23 […]

Adobe (NASDAQ:ADBE – Get Rating) issued an update on its FY23 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $15.65-15.75 for the period, compared to the consensus estimate of $15.49. The company issued revenue guidance of $19250-19350, compared to the consensus revenue estimate of $19.30 billion. Adobe also updated […]

Talbot Financial LLC bought a new position in Adobe Inc. (NASDAQ:ADBE – Get Rating) during the fourth quarter, HoldingsChannel.com reports. The fund bought 45,856 shares of the software company’s stock, valued at approximately $15,432,000. Adobe accounts for 3.2% of Talbot Financial LLC’s portfolio, making the stock its 7th biggest position. Other institutional investors and hedge […]

FWL Investment Management LLC acquired a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 240 shares of the software company’s stock, valued at approximately $81,000. Other large investors also recently modified […]

Adobe (NASDAQ:ADBE – Get Rating) updated its FY23 earnings guidance on Thursday. The company provided earnings per share guidance of $15.65-15.75 for the period, compared to the consensus earnings per share estimate of $15.49. The company issued revenue guidance of $19250-19350, compared to the consensus revenue estimate of $19.30 billion. Adobe also updated its Q3 […]

Adobe (NASDAQ:ADBE – Get Rating) posted its earnings results on Thursday. The software company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $0.12, MarketWatch Earnings reports. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.77 billion. Adobe had a net […]

Adobe (NASDAQ:ADBE – Get Rating) posted its earnings results on Thursday. The software company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $0.12, MarketWatch Earnings reports. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.77 billion. Adobe had a net […]

The stock has risen around 40% over the past month.Tthe company has raised its fiscal-year outlook and championed its prospects to “lead the new era of...

Adobe posts fiscal second-quarter earnings better than analysts estimates and raises its fiscal-year outlook, Cava extends gains after surging nearly 100% in the stocks trading debut, and Virgin Galactic surges as it readies commercial spaceflights for the end of the month.

Tech stocks are leading the market higher; however, other sectors may beginning to play catch-up. Shares of Cava surged following their IPO.