Adobe (ADBE.US) reported fourth quarter earnings that exceeded expectations, but the revenue guidance was lower, causing the stock price to drop nearly 8% in after-hours trading.

AASTOCKS · Dec 12, 2024 05:19

Adobe (ADBE.US) announced after Wednesday's close that its net profit for the fourth fiscal quarter ending November 29 rose by 13.5% to 1.68 billion USD, with adjusted earnings per share of 4.81 USD, exceeding market expectations of 4.67 USD. Revenue for the quarter increased by 11% year-on-year to 5.61 billion USD, also surpassing the expected 5.54 billion USD.

However, its first quarter earnings guidance was disappointing, causing the stock price to drop nearly 8% in after-hours trading.

The company expects first quarter revenue to be between 5.63 billion and 5.68 billion USD, lower than the market expectation of 5.72 billion USD.

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《業績》Adobe(ADBE.US)第四財季盈收勝預期 惟收入指引遜股價盤後挫近8%

Adobe (ADBE.US) reported fourth quarter earnings that exceeded expectations, but the revenue guidance was lower, causing the stock price to drop nearly 8% in after-hours trading.

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《業績》Adobe(ADBE.US)第四財季盈收勝預期惟收入指引遜股價盤後挫近8%