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Benzinga

Business

Wayne Duggan

UNBELIEVABLE: 6 adobe analysts react to q2 earnings beat guidance cut heightened execution risks - The Untold Story

Adobe ADBE Adobe Inc Brad Sills Brent Bracelin Gregg Moskowitz Michael Turrin Patrick Walravens Phil Winslow Bank of America

Adobe Inc (NASDAQ:ADBE) shares traded slightly higher on Friday after the company's full-year guidance disappointed Wall Street.

On Thursday, Adobe reported adjusted fiscal second-quarter EPS of $3.35 on revenue of $4.39 billion. Both numbers exceeded consensus analyst estimates of $3.31 and $4.34, respectively. Revenue was up 14% from a year ago.

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