Adobe Systems Beats Expectations (Again) on Cloud Strength
Adobe Systems Incorporated (NASDAQ: ADBE) announced better-than-expected fiscal third-quarter 2017 results on Tuesday after the market closed, punctuated by healthy cash flow and another company revenue record on sustained momentum for its cloud-based subscription products.
But while Adobe also offered encouraging forward guidance -- and keeping in mind shares are up more than 50% so far in 2017 -- Adobe stock is down a modest 3% in after-hours trading as of this writing. Let's zoom in for a closer look at what the creative software company accomplished in its latest quarter and what investors can expect going forward.
IMAGE SOURCE: ADOBE SYSTEMS.
Source: Fool.com
Adobe Inc. Aktie
499,15 €
-0,59 %
Die Adobe Inc. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Das Kursziel von 588 € für Adobe Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 499.15 € an.
