Adobe Fourth-Quarter Revenues Up 10% as Demand Remains Strong
Adobe Inc. said fourth-quarter revenue rose 10% on continued strong demand for its software and services.
The company on Thursday also issued profit guidance for the current quarter that was better than Wall Street analysts projected. Shares of Adobe, down 42% this year through Thursday’s close, added 5.7% in after-hours trading.
Adobe Inc. said fourth-quarter revenue rose 10% on continued strong demand for its software and services.
The company on Thursday also issued profit guidance for the current quarter that was better than Wall Street analysts projected. Shares of Adobe, down 42% this year through Thursday’s close, added 5.7% in after-hours trading.