ADBE Stock: Adobe Gives In-Line Sales Outlook

Digital media and marketing software firm Adobe (ADBE) late Thursday beat Wall Street’s targets for its fiscal third quarter. But its outlook for the current period called for earnings modestly higher than views on in-line sales. ADBE stock fell in extended trading.


The San Jose, Calif.-based company earned an adjusted $4.09 a share on sales of $4.89 billion in the quarter ended Sept. 1. Analysts polled by FactSet had expected Adobe earnings of $3.98 a share on sales of $4.87…

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