ADBE Adobe Inc

10:02 ET -- Adobe Inc. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The digital media creation and publication software company's fiscal first quarter results beat targets set by the company and analysts' consensus. For the three months ended Feb. 28, Adobe reported revenue of $4.65 billion and income of $1.25 billion, or earnings of $2.71 and adjusted earnings of $2.89 a share. According to FactSet, analysts expected revenue of $4.62 billion and income of $1.23 billion, or earnings of $2.65 and adjusted earnings of $2.89 on a per-share basis. The company guided for revenue of $4.6 billion to $4.64 billion and income of $1.2 billion to $1.22 billion, or earnings of $2.60 to $2.65 and adjusted earnings of $2.72 to $2.77 a share. Dow Jones & Co. owns Factiva. (ada.hui@wsj.com)

(END) Dow Jones Newswires

March 16, 2023 10:17 ET (14:17 GMT)

Adobe (NASDAQ:ADBE)
Historical Stock Chart
From Aug 2023 to Sep 2023

Adobe (NASDAQ:ADBE)
Historical Stock Chart
From Sep 2022 to Sep 2023