Adobe Systems stock falls despite upbeat Q3 results

Adobe Systems (ADBE) reported a 59% jump in earnings for the third quarter as the fast-paced subscription growth, specifically Digital Media, drove the revenue higher. The top and bottom line, as expected, came in above analysts’ expectations. Investors remained unsatisfied with the results and forecast as the stock turned lower in the after-hours by 1.5%. … Continue reading Adobe Systems stock falls despite upbeat Q3 results