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Maple Capital Management Inc. lessened its holdings in Adobe Inc. (NASDAQ:ADBE – Free Report) by 13.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,077 shares of the software company’s stock after selling 162 shares during the period. Maple Capital Management […]

Adobe (NASDAQ:ADBE – Get Free Report) posted its quarterly earnings results on Wednesday. The software company reported $4.27 EPS for the quarter, topping the consensus estimate of $4.13 by $0.14, MarketWatch Earnings reports. The business had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.01 billion. Adobe had a net […]

Symmetry Partners LLC grew its position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 5.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,106 shares of the software company’s stock after buying an additional 159 shares during the period. Symmetry Partners LLC’s holdings in Adobe were worth $1,584,000 as of its most […]

Ninety One UK Ltd reduced its position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 11.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,922 shares of the software company’s stock after selling 6,777 shares during the period. Ninety […]

Bank of New Hampshire decreased its stake in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 5.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,825 shares of the software company’s stock after selling 207 shares during the period. Bank of New Hampshire’s […]

Ameliora Wealth Management Ltd. bought a new position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 152 shares of the software company’s stock, valued at approximately $78,000. Several other institutional investors and hedge funds have also recently added to or reduced their stakes […]

A tepid sales outlook gouged Adobe shares as the company forecast first-quarter sales of between $5.1 billion and $5.15 billion. Analysts are expecting about...

Adobe Inc (ADBE) Reports First $5 Billion Revenue Quarter

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Adobe (NASDAQ:ADBE – Get Free Report) updated its first quarter earnings guidance on Wednesday. The company provided EPS guidance of $4.35-4.40 for the period, compared to the consensus EPS estimate of $4.26. The company issued revenue guidance of $5.10-5.15 billion, compared to the consensus revenue estimate of $5.16 billion. Adobe also updated its FY24 guidance […]