Adobe Systems (ADBE) Sinks 11% on Weaker Outlook
Get Alerts ADBE Hot Sheet
Price: $225.11 +6.10%
Revenue Growth %: +11.5%
Financial Fact:
Shares used to compute basic income per share: 498.58M
Today's EPS Names:
ORPB, ONEG, NDLS, More
Revenue Growth %: +11.5%
Financial Fact:
Shares used to compute basic income per share: 498.58M
Today's EPS Names:
ORPB, ONEG, NDLS, More
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Adobe Systems (NASDAQ: ADBE) is trading down 11% after guiding FY 2016 EPS and revenue below the Street.
Adobe said it sees FY 2016 revenue of $5.7 billion and non-GAAP EPS of $2.70, versus the consensus of $5.9 billion and $3.19.
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