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Adobe sits at a strange crossroads where the numbers shout strength but the market refuses to listen and the gap between reality and perception is growing wider by the day. Cash flow per share climbs steadily while the stock price lingers at its lowest valuation ever. Subscription revenue continues to …
Adobe shares fell 14% on Thursday, their steepest drop since September 2022, after the software vendor issued disappointing revenue guidance. Sales in the fiscal first quarter will be between $5.63 billion and $5.68 billion, Adobe said in its fourth-quarter earnings report late Wednesday. Analysts on average were expecting revenue of $5.73 billion, according …
The commies want to control the memes of production pic.twitter.com/UPzSBvvMjI — Rothmus 🏴 (@Rothmus) June 7, 2024 HOLY SH**t . This is absolute BONKERS. Adobe’s new terms of service (that forces you to agree or your locked out of your Adobe products) not only lets Adobe access to your private …
Adobe shares closed down nearly 14% on Friday after the company reported first-quarter results that beat estimates but delivered a light quarterly revenue forecast. The move marked the stock’s steepest decline since Sept. 15, 2022, when shares closed down 16.8%. The design software company posted adjusted earnings per share of …
by stockocean I have a screener on for large insider sales and came across the following at Adobe: CEO Shantanu sold $19 million worth of stock on 12/22/203. CFO Daniel sold $1.8 million worth of stock on 12/26/2023 Yesterday, the president of Digital Media David Wadhwani sold $3.5 million of …
