Adobe results top expectations but outlook misses as coronavirus impacts customer spending [MarketWatch]
Adobe Inc. (ADBE)
Last adobe inc. earnings: 3/12 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
adobe.com/investor-relations.html
Company Research
Source: MarketWatch
Adobe results top expectations but outlook misses as coronavirus impacts customer spending Adobe Systems Inc. shares ADBE, -9.59% were up 3.5% in after-hours trading Thursday after the software company beat expectations with its fiscal first-quarter report but delivered a lower-than-anticipated outlook for the current quarter, citing coronavirus headwinds. The company posted net income of $955 million, or $1.96 a share, up from $674 million, or $1.36 a share, in the year-prior quarter. The company reported adjusted earnings per share of $2.27, up from $1.71 in the year-prior period and ahead of the $2.23 that analysts surveyed by FactSet had been modeling. Adobe's revenue rose to $3.09 billion from $2.6 billion a year earlier, whereas analysts had been modeling $3.05 billion. The company expects fiscal second-quarter revenue of about $3.175 billion and adjusted EPS of $2.35. Analysts were modeling revenue of $3.22 billion and adjusted EPS of $2.33. Adobe said in its release that th
Show less
Read more
Impact Snapshot
Event Time:
ADBE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ADBE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ADBE alerts
High impacting Adobe Inc. news events
Weekly update
A roundup of the hottest topics
ADBE
News
- Clickstream Analytics Market Outlook 2024-2030 Featuring Profiles of 22 Key Players, Including Adobe Systems, Google Cloud Platform, IBM, Microsoft, and Oracle [Yahoo! Finance]Yahoo! Finance
- Adobe Systems (ADBE) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Adobe Inc. (ADBE) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Digital Asset Management Market To Reach USD 20.3 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- New Adobe Photoshop with Advanced Generative Fill and Generate Image Brings New Superpowers to AllBusiness Wire
ADBE
Earnings
- 3/14/24 - Beat
ADBE
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- ADBE's page on the SEC website