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

U.S. to freeze and take control of Venezuela's Bitcoin holdings after Maduro capture The United States is allegedly moving to freeze and take control of Bitcoin held by Venezuela after the capture of Nicolás Maduro, who is now facing narco-terrorism charges in a federal court in New York. Crypto prices began to rally right after the news broke, as Cryptopolitan earlier reported that Bitcoin led the gains to […]

Author Cryptopolitan

Yesterday 01: 41

The United States is allegedly moving to freeze and take control of Bitcoin held by Venezuela after the capture of Nicolás Maduro, who is now facing narco-terrorism charges in a federal court in New York. Crypto prices began to rally right after the news broke, as Cryptopolitan earlier reported that Bitcoin led the gains to […]

XRP Surges Towards $2.20, Leading Monday Gains as Crypto ETF Flows Tilt in Its Favor XRP rebounds above $2.20 after a 17% weekly surge, supported by $483 million of ETF inflows versus $1.09 billion outflows for Bitcoin ETFs and a $564 million loss for Ethereum products, as traders watch $2.22 resistance and longer-range targets.

Author Mitrade

Yesterday 08: 14

XRP rebounds above $2.20 after a 17% weekly surge, supported by $483 million of ETF inflows versus $1.09 billion outflows for Bitcoin ETFs and a $564 million loss for Ethereum products, as traders watch $2.22 resistance and longer-range targets.

Bitcoin Buying Metric With 109% Average Gains Turns Bullish at $88K Institutional buying of Bitcoin has surpassed miner supply, driven by renewed investment interest.

Author Mitrade

Yesterday 09: 44

Institutional buying of Bitcoin has surpassed miner supply, driven by renewed investment interest.

Silver Price Forecast: XAG/USD bulls look to build on momentum beyond $79.00 Silver (XAG/USD) builds on the previous day's positive move and gains strong follow-through traction for the second straight day on Tuesday.

Author FXStreet

Yesterday 10: 29

Silver (XAG/USD) builds on the previous day's positive move and gains strong follow-through traction for the second straight day on Tuesday.

Silver Price Analysis: XAG/USD explodes above $80 as rally extends Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.

Author FXStreet

13 hours ago

Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.

Popular Symbols