Adobe Q1 Earnings: Stuck In No Man's Land, Not For Me
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 position stands at $1.2 billion. So, they've used more than 100% of their free cash flow to repurchase shares, and these shares are still falling in price.
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...
Reports Q1 revenue $5.71B, consensus $5.66B. “Adobe’s (ADBE) success over the next decade will be driven by customer-focused innovation and new ...
Creative software developer Adobe (ADBE) posted its fiscal first quarter results after Wednesday's market close, reporting ...
Looking ahead, Adobe maintained its full-year revenue outlook of $23.3 billion to $23.55 billion, and adjusted earnings per ...
Citi lowered the firm’s price target on Adobe (ADBE) to $430 from $490 and keeps a Neutral rating on the shares. The firm says the company’s ...
Adobe's GenAI tools like Firefly streamline marketing workflows, enhance collaboration, and ensure safety, driving growth in ...
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Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.
Adobe beat expectations for revenue and adjusted earnings per share in the first quarter, although its outlook was slightly disappointing. The company has generated more than $125 million in bookings ...
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