Adobe Beats on Both Lines But Guides Below Consensus
Adobe Inc. NASDAQ:ADBE fell 4.43% premarket after beating on both lines but guiding fourth-quarter revenue to a midpoint below expectations. Third-quarter revenue rose 13% to a record $6.76 billion, compared to a $6.69 billion Wall Street consensus. Non-GAAP earnings came in at $6.13 per share.GAAP…
Adobe Inc. 43% premarket after beating on both lines but guiding fourth-quarter revenue to a midpoint below expectations. 69 billion Wall Street consensus. GAAP…