Shares in the creative software company were sliding Thursday. The economic slowdown could hit its bottom line.
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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 ...
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...
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Not only that, but Adobe reported $2.5 billion in positive free cash flow for the quarter, twice last year's $1.2 billion, ...
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs.
RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark ...
Adobe (NASDAQ:ADBE – Free Report) had its price target trimmed by Mizuho from $620.00 to $575.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has ...
Adobe is expected to report fiscal 2025 first-quarter results after the closing bell Wednesday, with analysts mostly bullish ...
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Adobe Stock now enables you to mass-edit with AI – but is it a nail in the coffin for stock photography, or another way for creators to earn money?When you buy through links on our articles, Future and its syndication partners may earn a commission. Adobe Stock has been ...
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 ...
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