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Adobe Stock Drops As CFO Dan Durn Resigns Overshadowing Higher Q2 Results, Outlook Upgrade

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...
RTTNews | 92 วันที่ผ่านมา
Adobe Stock Drops As CEO Shantanu Narayen To Step Down; Q1 Results Climb, Sees Growth In Q2

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.
RTTNews | 183 วันที่ผ่านมา
Adobe Lifts FY25 Outlook After Higher Q2; But Stock Down

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.
RTTNews | 456 วันที่ผ่านมา
Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

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.
RTTNews | 639 วันที่ผ่านมา
Black Friday Online Sales Reach $9.12 Bln

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.
RTTNews | 1384 วันที่ผ่านมา