Adobe Systems (ADBE) Sinks 11% on Weaker Outlook
Tweet
Share
E-mailGet Alerts ADBE Hot Sheet
Price: $238.25 -4.52%
Revenue Growth %: +10.3%
Financial Fact:
Research and development: 248.45M
Today's EPS Names:
OCCI, ALZN, ASPU, More
Revenue Growth %: +10.3%
Financial Fact:
Research and development: 248.45M
Today's EPS Names:
OCCI, ALZN, ASPU, More
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Sixth Street renews bid for Brighthouse Financial amid rival deal delays
- MillerKnoll, Inc. (MLKN) Tops Q1 EPS by 18c ; Offers Guidance
- Trump on ban on diesel exports: I've called for that too
Create E-mail Alert Related Categories
Guidance, Hot Guidance, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
