© Reuters. Adobe Earnings, Income Miss in This autumn
Investing.com – Adobe (NASDAQ:) reported on Thursday fourth quarter that missed analysts’ forecasts and income that fell in need of expectations.
Adobe introduced earnings per share of $3.40 on income of $4.43B. Analysts polled by Investing.com anticipated EPS of $3.50 on income of $4.53B.
Adobe shares are down 51% from the start of the yr, nonetheless down 60.66% from its 52 week excessive of $699.54 set on November 22, 2021.
Adobe follows different main Data Expertise sector earnings this month
Adobe’s report follows an earnings missed by Oracle on September 12, who reported EPS of $1.03 on income of $11.45B, in comparison with forecasts EPS of $1.07 on income of $11.33B.
Accenture had beat expectations on September 22 with fourth quarter EPS of $2.6 on income of $15.42B, in comparison with forecast for EPS of $2.57 on income of $15.39B.
Keep up-to-date on all the upcoming earnings stories by visiting Investing.com’s earnings calendar
