Adobe Q1 Earnings: Stuck In No Man's Land, Not For Me
For context, this time last year, in fiscal Q1 2024, Adobe's balance sheet held $3.1 billion of net cash. Today, its net cash position stands at $1.2 billion. So, they've used more than 100% of their free cash flow to repurchase shares, and these shares are still falling in price.
Looking ahead, Adobe maintained its full-year revenue outlook of $23.3 billion to $23.55 billion, and adjusted earnings per ...
Q1 Earnings: Adobe reported first-quarter revenue of $5.71 billion, beating the consensus estimate of $5.66 billion. The ...
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs.
StockStory.org on MSN1d
Why Adobe (ADBE) Shares Are Getting Obliterated TodayShares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company reported ...
1d
Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback