Earnings

Adobe (ADBE) earnings Q2 2022

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Shantanu Narayen, chairman and chief executive officer of Adobe Systems Inc., during a telecast of the SoftBank World event in Tokyo arranged in Kawasaki, Kanagawa Prefecture, Japan, on Thursday, Oct. 29, 2020. SoftBank World, the company’s annual two-day event for customers and suppliers, ends Friday.

Akio Kon | Bloomberg | Getty Images

Adobe shares fell as much as 5% in extended trading on Thursday after the design software maker gave full-year guidance that fell short of analysts’ expectations.

Here’s how the company did:

  • Earnings: $3.35 per share, adjusted, vs. $3.31 per share as expected by analysts, according to Refinitiv.
  • Revenue: $4.39 billion, vs. $4.34 billion as expected by…



Source cnbc.com

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