March 19, 2024 BY Robert Bell
Adobe loses value as weak sales predicted
The company’s revenue is expected to be between $5.25bn and $5.3bn this quarter, according to a statement released on Thursday. This falls slightly short of the initial projections of $5.31bn. However, profits are expected to exceed predictions, reaching as high as $4.40 per share rather than analysts’ average estimate of $4.38. ADBE has been a…
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