Adobe Inc. shares slipped 1% in extended trading Tuesday after the software company reported fiscal first-quarter revenue that surpassed Wall Street analysts’ lofty forecasts but offered tepid guidance. Futurum’s principal analyst dives into the earnings report and what we can expect from the company going forward.
Adobe Outperforms Q2 Expectations on Strong Portfolio Demand
Adobe delivered a robust top and bottom line outperform on rapidly growing demand for its digital experience and creative offerings.