Adobe Systems Beats ...for grins as goes down. later
Adobe Systems (ADBE) reported 2nd Quarter May 2018 earnings of $1.68 per share on revenue of $2.2 billion. The consensus earnings estimate was $1.54 per share on revenue of $2.2 billion. The Earnings Whisper number was $1.59 per share. Revenue grew 23.9% on a year-over-year basis.
The company said in its conference call slides it expects third quarter non-GAAP earnings of approximately $1.68 per share on revenue of approximately $2.24 billion. The current consensus earnings estimate is $1.60 per share on revenue of $2.21 billion for the quarter ending August 31, 2018.
Adobe Systems Inc offers a line of software and services used by creative professionals, marketers, developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling operating systems.
