Adobe Systems (ADBE) Boosts FY16 Outlook; Guides Q2 EPS, Revenue
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Adobe Reports Record Revenue
March 17, 2016 4:05 PM EDTStrong Cloud Product Adoption in Q1 FY2016 Fuels 25 Percent Year-over-year Revenue Growth
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its first quarter fiscal year 2016 ended Mar. 4, 2016.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160317006153/en/
First Quarter Financial Highlights
Adobe achieved record quarterly revenue of $1.38 billion, representing year-over-year growth of 25 percent. Diluted... More