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 the full year – making them question how well the company is positioned amidst the rising competition in the AI space.
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: Fiscal Q4 Earnings Snapshot
(ADBE) on Wednesday reported fiscal fourth-quarter net income of $1.68 billion. The San Jose, California-based company said it had profit of $3.79 per share. Earnings, adjusted for one-time gains and costs,
Adobe Q4 Earnings: Why This Stock Leaves Me Unsold
Despite strong AI tool adoption, Adobe faces slowing growth and stiff competition. Read more to see why I remain neutral on ADBE stock.
Why Adobe Stock Crashed 12% After Earnings
Adobe grew sales 11% year over year, helping to make fiscal 2024 a "record" year for the company. (Sales for the year also rose 11%.
Analysts revisit Adobe stock price targets after Q4 earnings
Adobe has been of the tech market's biggest underperformers so far this year, falling around 13.2% over the past twelve months as it struggles to monetize its ambitions to infuse
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 (ADBE) Q4 2024 Earnings Call Transcript
Operator Good day, and welcome to the Q4 and FY '24 Adobe earnings conference call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Steve Day, SVP, DX; CFO;
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Adobe Stock Plummets on Disappointing Guidance
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Adobe's (NASDAQ:ADBE) stock fell about 10% premarket on Thursday after the company's fiscal 2025 outlook came below estimates ...