Adobe Inc. ADBE, +1.25% shares fell than 1% in the extended session Thursday after the software company beat Wall Street estimates for earnings and revenue.
The company reported fiscal first-quarter net income of $674.2 million, or $1.36 a share, compared with $492.1 million, or $1.17 a share, in the year-ago period. Adjusted for stock-based compensation, investment losses and tax adjustments, among other things, earnings were $1.71 a share, compared with $1.55 a share in the year-ago period. Revenue rose to $2.6 billion from $2.08 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Eventbrite stock plummets 20% after earnings miss, revenue beat
Weiterlesen »
Etsy jumps after beating on earnings and revenue'In a world where automation is changing the nature of work, creativity can't be automated,' Etsy's CEO Josh Silverman talks about the 584% stock price increase that's happened in the 2 years since he joined the company.
Weiterlesen »
Oracle's near-record high stock wobbles after earnings beat
Weiterlesen »
Semtech stock halted after earnings beat, weak guidance
Weiterlesen »
MongoDB stock gains 12% after earnings beat, bullish guidance
Weiterlesen »
Stitch Fix stock soars 20% after earnings beat
Weiterlesen »
Stitch Fix stock climbs more than 14% after earnings beat
Weiterlesen »
GE shares drop after giving 2019 earnings forecast lower than Wall Street estimatesGeneral Electric gave shareholders an updated earnings forecast on Thursday.
Weiterlesen »
Costco beats profit estimates as margin pressures ease, shares riseCostco Wholesale Corp whizzed past analysts' estimates for quarterly profit...
Weiterlesen »