Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Adobe weaker guidance offsets better-than-expected Q3 results

Source Investing

nvesting.com - Adobe reported Thursday fiscal third-quarter results that beat analysts' forecasts, but guidance for the current quarter fell short of estimates.

Adobe Systems Incorporated (NASDAQ:ADBE) shares fell 8% in after-hours trade following the report.

Adobe announced earnings per share of $4.65 on revenue of $5.41 billion. Analysts polled by Investing.com anticipated EPS of $4.53 on revenue of $5.37B.

New new digital media annualized recurring revenue was $504M,.

The company guided Q4 earnings of $4.63 to $4.68, or $4.66 at the midpoint on revenue of $5.50B to $5.55B, or $5.53B at the midpoint, missing consensus estimates of $4.67 a share and revenue of $5.60B, respectively.

Digital media net new ARR is expected to come in at bout $550M in Q4.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USD United States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos after 13:00 GMT. Trump’s trip to Davos was delayed after Air Force One was forced to turn around due to a "minor electrical issue".

Author FXStreet

9 hours ago

United States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos after 13:00 GMT. Trump’s trip to Davos was delayed after Air Force One was forced to turn around due to a "minor electrical issue".

Greenland Storm Hits. US Stocks Erase Over $1 Trillion in a Single Day, Bitcoin Drops Below $90,000 Mark Greenland tariff war escalates, hitting US stocks and crypto markets hard, but Fundstrat expects a year-end recovery.On Wednesday (January 21), hit by the Greenland tariffs, the crypto ma

Author TradingKey

9 hours ago

Greenland tariff war escalates, hitting US stocks and crypto markets hard, but Fundstrat expects a year-end recovery.On Wednesday (January 21), hit by the Greenland tariffs, the crypto ma

Ethereum slides below $3,000 as sellers defend $3,020 and $2,880 becomes the key line Ethereum fell below $3,000 after failing at $3,200, with resistance at $3,020 and key support at $2,880; a break lower could target $2,800 and $2,750, while a rebound needs $3,120–$3,150.

Author Mitrade

16 hours ago

Ethereum fell below $3,000 after failing at $3,200, with resistance at $3,020 and key support at $2,880; a break lower could target $2,800 and $2,750, while a rebound needs $3,120–$3,150.

Bitcoin Trader Maintains $100K Target as Gold Prices Hit Record $4,750 Bitcoin circumvented significant losses as U.S. markets opened reacting to EU trade-war concerns, holding onto critical $90,000 support.

Author Mitrade

18 hours ago

Bitcoin circumvented significant losses as U.S. markets opened reacting to EU trade-war concerns, holding onto critical $90,000 support.

US-Europe Trade War Reignites, Bitcoin’s $90,000 Level at Risk As the US-EU tariff war reignites, Bitcoin prices are weakening and may briefly fall below the $90,000 mark.Over the past 24 hours, Bitcoin ( BTC) prices have dropped to $92,000 twice, an

Author TradingKey

Yesterday 10: 57

As the US-EU tariff war reignites, Bitcoin prices are weakening and may briefly fall below the $90,000 mark.Over the past 24 hours, Bitcoin ( BTC) prices have dropped to $92,000 twice, an

Popular Symbols