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Adobe Stock Drops As CFO Dan Durn Resigns Overshadowing Higher Q2 Results, Outlook Upgrade
Shares of Adobe Inc. were losing around 4 percent in the pre-market activity on Nasdaq on Friday after the tech major announced that Dan Durn, its executive vice president and CFO, is departing on June 15 to join a new firm. Meanwhile, the company reported higher second-quarter results, issued third -quarter outlook, and upgraded fiscal 2026 outlook for adjusted earnings and revenues reflecting...
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92 дней спустя
Adobe Stock Drops As CEO Shantanu Narayen To Step Down; Q1 Results Climb, Sees Growth In Q2
Shares of Adobe Inc. were losing around 9 percent in the overnight trading after the tech major announced that its long-time Chief Executive Officer Shantanu Narayen plans to step down from the role after eighteen years. Meanwhile, the company reported higher first-quarter results and issued second-quarter outlook, expecting growth in earnings and revenues.
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183 дней спустя
Adobe Lifts FY25 Outlook After Higher Q2; But Stock Down
Software major Adobe Inc. issued third-quarter outlook and raised its fiscal 2025 earnings and revenue targets after reporting higher second-quarter profit, above market estimates, amid strong growth in the adoption of AI-powered and creative solutions. Meanwhile, the shares were down nearly 2 in the extended trading on Thursday, and are currently losing in the pre-market activity on the NYSE.
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456 дней спустя
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 fourth-quarter results above market. Meanwhile, the shares declined around 9 percent in the after-hours trading on Wednesday, and is currently down around 11 percent in the pre-market activity on the Nasdaq.
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639 дней спустя
Black Friday Online Sales Reach $9.12 Bln
Despite fears of inflation, consumers spent $9.12 billion for online shopping during Black Friday, higher than in previous years, as per a report published by Adobe Analytics. During the 2022 holiday season, total estimated revenues are $209.7 billion, a growth of 2.5 percent from last year's recorded revenues of $205 billion.
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1384 дней спустя
