Midland Wealth Advisors LLC purchased a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 1,997 shares of the software company’s stock, valued at approximately $1,191,000. A number of other hedge funds have also recently made […]
Creative software maker Adobe (NASDAQ:ADBE) reported results in line with analysts' expectations in Q2 CY2024, with revenue up 10.2% year on year to $5.31 billion. On the other hand, the company expects next quarter's revenue to be around $5.36 billion, slightly below analysts' estimates. It made a non-GAAP profit of $4.48 per share, improving from its profit of $2.82 per share in the same quarter last year.
Adobe (NASDAQ:ADBE – Get Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.50-4.55 for the period, compared to the consensus earnings per share estimate of $4.47. The company issued revenue guidance of $5.33-5.38 billion, compared to the consensus revenue estimate of […]
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