Finance

Adobe, Oracle, Costco and more

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Shantanu Narayen

Mark Neuling | CNBC

Check out the companies making headlines after the bell:

Shares of Adobe jumped more than 2% after the company posted a fourth-quarter earnings beat. The software company posted earnings of $2.29 per share on revenue of $2.99 billion, exceeding the earnings of $2.26 per share and revenue of $2.97 billion analysts expected, according to Refintiv consensus estimates. Deferred revenue fell short, however, coming in at $3.38 billion versus the $3.64 billion expected.

For the first quarter, the company expects adjusted earnings of $2.23 per share on revenue of $3.04 billion. That earnings projection was in-line with forecasts, while analysts expected revenue…



Source cnbc.com

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