Adobe: Fiscal Q4 Earnings Snapshot

Associated Press Finance

2024-12-12

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Adobe Systems Inc. (ADBE) on Wednesday reported fiscal fourth-quarter net income of $1.68 billion.

The San Jose, California-based company said it had profit of $3.79 per share. Earnings, adjusted for one-time gains and costs, came to $4.81 per share.

The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.66 per share.

The software maker posted revenue of $5.61 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $5.54 billion.

For the current quarter ending in February, Adobe expects its per-share earnings to range from $4.95 to $5.

The company said it expects revenue in the range of $5.63 billion to $5.68 billion for the fiscal first quarter.

Adobe expects full-year earnings in the range of $20.20 to $20.50 per share, with revenue ranging from $23.3 billion to $23.55 billion.

Adobe shares have declined 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $548.84, a decline of 12% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADBE at https://www.zacks.com/ap/ADBE

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(AP) — SAN JOSE, Calif. (AP) — <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Systems Inc. (ADBE) on Wednesday reported fiscal fourth-quarter net income of $1.68 billion.</p>\n<p>The San Jose, California-based company said it had profit of $3.79 per share. Earnings, adjusted for one-time gains and costs, came to $4.81 per share.</p>\n<p>The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.66 per share.</p>\n<p>The software maker posted revenue of $5.61 billion in the period, also topping Street forecasts. 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Access a Zacks stock report on ADBE at https://www.zacks.com/ap/ADBE</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.yahoo.com/news/adobe-fiscal-q4-earnings-snapshot-211513214.html\">Associated Press Finance</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ADBE","symbol_name":"Adobe","start_time":0,"source_url":"https://finance.yahoo.com/news/adobe-fiscal-q4-earnings-snapshot-211513214.html","article_id":"2490381383","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490381383","pubTimestamp":1733951713,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"SAN JOSE, Calif.  — SAN JOSE, Calif.  — Adobe Systems Inc.  on Wednesday reported fiscal fourth-quarter net income of $1.68 billion.The San Jose, California-based company said it had profit of $3.79 per share. 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