Adobe forecasts annual revenue below estimates

Reuters

2024/12/12

<a href="https://laohu8.com/S/ADBE">Adobe</a> forecasts annual revenue below estimates

Dec 11 (Reuters) - Photoshop maker Adobe ADBE.O forecast annual revenue below Wall Street estimates on Wednesday, indicating the company's investments to weave AI into its software applications were taking longer to bear fruit.

Shares of the San Jose, California-based company fell nearly 6% in extended trading.

(Reporting by Kritika Lamba in Bengaluru; Editing by Krishna Chandra Eluri)

((Kritika.Lamba@thomsonreuters.com;))

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