Adobe shares plunge 13% on disappointing revenue guidance
Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts’ estimates.
Adobe Stock Plummets on Disappointing Guidance
Adobe (ADBE) is firmly lower today, despite upbeat fiscal fourth-quarter results, after disappointing guidance
Adobe Shares Plummet 12% After Lowering Outlook—Despite Record Revenue
The Photoshop maker’s stock has underperformed this year as it forecasts slower revenue growth, even as the company exceeds Wall Street’s estimates.
Why Adobe Stock Crashed 12% After Earnings
Adobe ( ADBE -12.68%) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 report last night. Heading into the report, analysts forecast Adobe would earn $4.67 per share on $5.5 billion in sales. In fact, Adobe earned $4.81 per share, and its sales exceeded $5.6 billion.
Adobe Reports Record Revenue and Strong Growth
Adobe Systems Incorporated ( (ADBE) ) has released its Q4 earnings. Here is a breakdown of the information Adobe Systems Incorporated presented
Adobe Stock Falls After Outlook Misses Estimates
Adobe shares fell about 8% in postmarket trading after the software maker released a fiscal 2025 outlook that missed estimates. Here are the details from the San Jose, Calif., company's fiscal fourth quarter results: Profit was $1.
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
Adobe stock was falling after the maker of Photoshop provided disappointing revenue guidance.Adobe said it expects first-quarter revenue to be between $5.63 billion and $5.68 billion, which was below the FactSet consensus of $5.
Adobe Shares Plunges Over 11% After Disappointing Revenue Forecast
Shares of Adobe experienced a significant decline in pre-market trading on Thursday, following the company’s release of a revenue forecast that fell short of expectations.
Adobe’s stock drop highlights this fundamental disconnect over AI
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the ...
Adobe tanks 12% on Q4 earnings: 3 reasons to buy
Investors are punishing Adobe Inc (NASDAQ: ADBE) this morning after its management issued weaker-than-expected guidance for ...
Adobe Drops After Tepid Outlook Stokes AI Disruption Fears
Shares of Adobe Inc. fell after the firm gave a disappointing annual sales outlook, underscoring anxieties that the creative ...
Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower
In addition, Adobe faces growing competition from rivals in the artificial intelligence industry, such as Stability AI Inc., OpenAI and Midjourney Inc., which all provide access to tools that can ...
Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit
Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher ...
Adobe Results Seen as ‘Make-or-Break’ to Prove AI Credentials
Adobe Inc. is running out of time to show investors it can be a winner in the artificial intelligence era.
Adobe Inc (ADBE) Q4 2024 Earnings Call Highlights: Record Revenue and AI Innovations Propel Growth
Adobe Inc (ADBE) reports strong fiscal year performance with significant contributions from AI-driven solutions, despite facing market challenges.
Adobe Inc. Q4 Profit Increases, Beats Estimates
Adobe Inc. (ADBE) released a profit for its fourth quarter that increased from last year and beat the Street estimates. The ...
Why Adobe Inc. (ADBE) Is the Best Augmented Reality Stock to Buy Now?
We recently published a list of 10 Best Augmented Reality Stocks To Buy Now. In this article, we are going to take a look at ...