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Adobe’s NASDAQ:ADBE shares fell 3.5% in extended trading after the Photoshop maker reported second-quarter results and guidance that topped Wall Street’s estimates. For the period ending Aug. 28, it earned an adjusted $6.13 per share and revenue rose 13% year-over-year to $6.76B.
Adobe reported Q3 revenue of $6.76B versus $6.70B estimated and adjusted EPS of $6.13 versus $6.08 estimated. Remaining performance obligations were $22.16B versus $22.72B expected.