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

Pinduoduo Earnings Incoming: Morgan Stanley Sees Long-Term Profit Potential Insights – On November 21, Chinese e-commerce giant Pinduoduo (PDD) will release its Q3 2024 earnings.

Author Mitrade

Nov 20, 2024

Insights – On November 21, Chinese e-commerce giant Pinduoduo (PDD) will release its Q3 2024 earnings.

An Overview of US Labour Reports: A Guide to Nonfarm Payrolls(NFP) & Market Impact TradingKey - When it comes to US economic data, the Nonfarm Payrolls (NFP) is indeed one of the most significant indicators. This employment report, covering more than 90% of the employed population i

Author TradingKey

Mar 07, 2025

TradingKey - When it comes to US economic data, the Nonfarm Payrolls (NFP) is indeed one of the most significant indicators. This employment report, covering more than 90% of the employed population i

Gold price fills opening gap amid subdued USD demand; bulls still seem reluctant Gold price attracts some buyers near the $3,312-3,311 region during the Asian session on Monday and fills a modest bearish gap opening amid subdued USD price action.

Author FXStreet

Jul 28, 2025

Gold price attracts some buyers near the $3,312-3,311 region during the Asian session on Monday and fills a modest bearish gap opening amid subdued USD price action.

Solana Price Forecast: SOL extends recovery as trading volume surges Solana (SOL) price extends its recovery, trading above $192 at the time of writing on Monday, after rebounding from the ascending trendline support last week.

Author FXStreet

Oct 20, 2025

Solana (SOL) price extends its recovery, trading above $192 at the time of writing on Monday, after rebounding from the ascending trendline support last week.

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

Jan 06, Tue

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

Popular Symbols