Adobe Systems Stock Hits Record High On Q4 EPS Beat

By | December 11, 2015

Scalper1 News

Adobe Systems (ADBE) stock spiked to an all-time high Friday after the digital media software firm reported fiscal-fourth-quarter earnings per share above Wall Street’s target. The San Jose, Calif.-based company late Thursday said it earned 62 cents a share, excluding items, on sales of $1.31 billion for the quarter ended Nov. 27. EPS was 2 cents above the consensus estimate of analysts polled by Thomson Reuters. Sales were in line with views. Scalper1 News

Scalper1 News