Analysts gave Adobe Systems (ADBE) generally positive reviews following its second-quarter earnings late Tuesday that beat estimates, even though its outlook fell short. The developer of publishing software reported Q2 earnings per share minus items of 48 cents, up 30% from the same quarter a year ago, beating the consensus estimate by 3 cents among analysts polled by Thomson Reuters. Revenue climbed 8.8% to $1.16 billion, matching analysts’
Adobe Systems (ADBE) reported second-quarter results after the market close Tuesday with revenue that met estimates and earnings that beat, but the outlook fell short. The publishing software developer’s revenue grew 8.8% to $1.16 billion, matching the consensus estimate of analysts. It reported earnings per share minus items of 48 cents, beating the consensus estimate by 3 cents among analysts polled by Thomson Reuters. That was up 30% and marked
Adobe Systems (ADBE) on Tuesday released a major update to its Creative Cloud, with new software and services for graphic artists and other creative professionals. The update includes the latest versions of popular desktop applications like Photoshop and Illustrator and mobile apps, plus new services. Those services include Creative Sync, which connects desktop and mobile apps so users can start a project on the desktop and pick up where they left