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Adobe announced earnings per share of $3.2 on revenue of $4.11B. Analysts polled by Investing.com anticipated EPS of $3.2 on revenue of $4.09B.
Adobe shares are up 26% from the beginning of the year, still down 9.89% from its 52 week high of $699.54 set on November 22. They are broadly in line with the Nasdaq 100 which is up 26.39% from the start of the year.
Adobe shares lost 7.03% in pre-market trade following the report.
Adobe’s report follows an earnings beat by NVIDIA on November 17, who reported EPS of $1.17 on revenue of $7.1B, compared to forecasts EPS of $1.11 on revenue of $6.82B.
Oracle had beat expectations on December 9 with second quarter EPS of $1.21 on revenue of $10.36B, compared to forecast for EPS of $1.11 on revenue of $10.2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
