Adobe Earnings: Revenue Growth Continues, Q3 Guidance Fails To Meet Expectation
Adobe (NASDAQ:ADBE) announced its Q2 FY2016 results on June 21st. While the company posted over 20% growth in revenue, its guidance for Q3 fell short of the consensus. As a result, the stock off by about 5% in today’s trading. The highlights of the results are as follows:
- Down 14% In The Last Trading Session, Where Is Adobe Stock Headed?
- Down 8% YTD, What To Expect From Adobe Stock In Q1?
- Up 77% Last Year, What To Expect From Adobe Stock?
- Adobe Stock Is Trading Below Its Fair Value
- Adobe Stock Outperformed The Street Expectations In Q2
- Adobe Stock Topped The Consensus In Q1, What’s Next?
Have more questions about Adobe? See the links below.
- How Has Adobe’s Revenue Composition Changed Over The Last 5 Years?
- What Percentage of Adobe’s Stock Price Can Be Attributed To Growth?
- Why Has Adobe’s Stock Price Increased By Over 30% In The Last Five Months?
Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Adobe
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