Adobe Systems Beats Q4 EPS Views, Sales In Line

By | December 10, 2015

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Digital media software firm Adobe Systems late Thursday beat Wall Street’s target for earnings per share by 2 cents and posted in-line revenue for its fiscal fourth quarter ended Nov. 27. But it gave current-quarter EPS guidance below views. Adobe (ADBE) earned 62 cents a share, excluding items, on sales of $1.31 billion in fiscal Q4. Analysts polled by Thomson Reuters expected the San Jose, Calif.-based company to earn 60 cents a Scalper1 News

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