Adobe fell nearly 3% in premarket trading after its disappointing financial results.
Adobe beat estimated earnings by 0.9%, reporting an EPS of $3.37 versus an estimate of $3.34.Revenue was up $357.00 million from the same period last year.
Adobe management provided guidance for their next quarter, expecting earnings between $3.3 and $3.3 per share for the next quarter.
This represents a -2.08% in quarter-over-quarter growth for Adobe, a bearish signal to many investors.
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