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Adobe Systems Incorporated stock price
Adobe Systems Incorporated latest news:
Adobe Systems (Still) Has Its Head in the Clouds
Strong adoption of the creative software specialist's cloud products just drove another quarterly beat and raise.
Adobe (ADBE) Posts Q4 Earnings and Revenue Beats
Adobe Systems Incorporated ADBE just released its fourth quarter fiscal 2017 financial results posting non GAAP earnings of 1 26 per share and revenues of 2 01 billion Currently ADBE is a Zacks Rank 2 Buy and is up 1 35 to 177 36 per share in after hours trading shortly after
Adobe shares rise after fourth-quarter earnings beat
Adobe Systems Inc.(ADBE) shares rose in the extended session Thursday after the software maker beat Wall Street sales and earnings expectations. Adobe stock rose 3.5% to $181.23 after hours. The company reported fiscal fourth-quarter net income of $501.6 million, or $1 a share, compared with $399.6 million, or 80 cents a share, in the year-ago period.
Adobe quarterly revenue rises 25 percent
Photoshop maker Adobe Systems Inc (ADBE) reported a 25 percent rise in quarterly revenue, driven by strength in its digital media business. The company's net income rose to $501.5 million, or $1 per share, in the fourth quarter ended Dec. 1, from $399.6 million, or 80 cents per share, a year earlier. Total revenue rose to $2.01 billion from $1.61 billion.
Apple's stock gains after analyst sees signs of 'reasonably good' holiday demand for iPhones
Shares of Apple Inc. inched up less than 0.1% in morning trade Tuesday, after Raymond James said there were signs of "reasonably good" demand for Apple products during the holiday season. Analyst Tavis McCourt said that while delivery times for the iPhone X suggest one-to-three week delays in most of the developed world, he believes Apple will reach a supply-demand balance after the holidays. "Search volume trends are consistent with decent [year-over-year] global demand for the new iPhone lineup," McCourt wrote in a note to clients. "Essentially, this is still consistent with a strong December quarter, and better than normal seasonality in March." Separately, data analytics firm Adobe Systems Inc. said Tuesday that Apple AirPods were among the top sellers on Cyber Monday, and McCourt said demand for the Apple Watch remains "robust." The stock was trading 1.2% below its Nov. 8 record close of $176.24. It has rallied 7.9% over the past three months, while the SPDR Technology Select Sector ETF has rallied 11.8% and the Dow Jones Industrial Average has climbed 8.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Cyber Monday expected to be largest online sales day ever with $6.59 billion spent: Adobe
Cyber Monday is expected to be the biggest online sales day ever with shoppers spending $6.59 billion, Adobe Systems Inc. said Tuesday. That was a 16.8% increase over the same time last year, the data analytics firm said in a statement. Shopper spent $1 billion more than on the same day a year ago, with top sellers including Nintendo Switch, PJ Masks and Hatchimals & Colleggtibles figurines, Apple AirPods , streaming devices like Google Chromecast and Roku, and video game Super Mario Odyssey. The holiday shopping season has driven $50 billion in online revenue so far, said Adobe, which is expecting it to be the first to break $100 billion in online sales. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Adobe Says Based On Adobe Analytics Data As Of 10 AM ET On Cyber Monday 2017, $840 Mln Have Been Spent Online
Adobe Systems Inc(ADBE): * ADOBE SAYS BASED ON ADOBE ANALYTICS DATA AS OF 10 AM ET, $840 MILLION HAVE BEEN SPENT ONLINE, REPRESENTING 16.9 PERCENT GROWTH YOY. * ADOBE SAYS BASED ON ADOBE ANALYTICS DATA AS OF 10 AM ET ON CYBER MONDAY, OVERALL WEB TRAFFIC IS UP 12%, WITH THE SEASON AVERAGE AT 5.7% * ADOBE SAYS BASED ON ADOBE ANALYTICS DATA AS OF 10 AM ET ON CYBER MONDAY, SMARTPHONE TRAFFIC ...
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