|Bid||151.50 x 100|
|Ask||151.70 x 200|
|Day's Range||155.81 - 157.05|
|52 Week Range||98.00 - 157.89|
|PE Ratio (TTM)||54.55|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Shares of Adobe (ADBE) are down $4.11, or almost 3%, at $152.49, after the company this afternoon reported fiscal Q3 revenue and profit that topped analysts’ expectations, and forecasting revenue this quarter in line with consensus, with profit a bit higher. Adobe said its “annualized recurring revenue” for its “digital media” business rose to $4.87 billion.
Digital media and marketing software firm Adobe beat Wall Street's targets for its fiscal third quarter. But shares fell late on the company's mixed guidance.
Adobe Systems Inc reported better-than-expected quarterly revenue, driven by subscriber additions to Creative Cloud, a package of software tools that houses Photoshop, and forecast fourth quarter revenue ...