Adobe Systems (ADBE) Tops Q1 EPS by 9c, Offers Q2 and FY Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Adobe Reports Record Revenue
March 14, 2019 4:05 PM EDTStrong Results Include Record Adobe Document Cloud Performance; Company Increases Fiscal 2019 Targets
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its first quarter fiscal year 2019 ended March 1, 2019.
Adobe adopted revenue accounting standard Accounting Standards Codification (ASC) 606 for its fiscal year 2019. Financial targets provided by the company in Dec. 2018 were based on the prior revenue accounting standard ASC 605. This release reports results based on ASC 606, and where applicable results under the prior ASC 605 standard have been provided for comparison purposes against the companys ASC 605-based targets.
Q1 FY2019... More
