Adobe's quarterly revenue surges 23 percent [Reuters (UK)]
Adobe Inc. (ADBE)
Last adobe inc. earnings: 3/12 04:05 pm
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Source: Reuters
Adobe's quarterly revenue surges 23 percent | Reuters 1 Min Read (Reuters) - Adobe Systems Inc on Thursday reported a 22.8 percent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop. The San Jose, California-based company’s net income rose to $678.2 million, or $1.37 per share, in the fourth quarter ended Nov. 30, from $501.5 million, or $1 per share, a year earlier. Total revenue rose to $2.46 billion from $2.01 billion. Reporting by Vibhuti Sharma in Bengaluru; Editing by James Emmanuel All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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ADBE
News
- Adobe Inc. (NASDAQ: ADBE) had its "buy" rating re-affirmed by analysts at Mizuho. They now have a $680.00 price target on the stock.MarketBeat
- Adobe Inc. (NASDAQ: ADBE) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $650.00 price target on the stock.MarketBeat
- Adobe Inc. (NASDAQ: ADBE) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $630.00 price target on the stock.MarketBeat
- Adobe Inc. (NASDAQ: ADBE) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $700.00 price target on the stock.MarketBeat
- Adobe Inc. (NASDAQ: ADBE) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $660.00 price target on the stock.MarketBeat
ADBE
Earnings
- 3/14/24 - Beat
ADBE
Sec Filings
- 3/28/24 - Form 4/A
- 3/28/24 - Form 4/A
- 3/27/24 - Form 10-Q
- ADBE's page on the SEC website