Adobe: EPS misses consensus in Q4

(CercleFinance.com) - On Thursday evening Adobe unveiled Q4 adjusted EPS of 1.
83 dollar, six cents short of the consensus, for revenues that are up 23% at 2.46 billion dollars.

Over the past fiscal year, the computer software company earned adjusted EPS of 6.76 dollars, with revenues up 24% at 9.03 billion dollars. For 2018-19, it expects adjusted EPS around 7.75 dollars, with revenues of about 11.15 billion dollars.

“We finished the year strong with record results across the board, meeting or exceeding all of our annual and quarterly targets which did not include Marketo,” said John Murphy, executive vice president and CFO at Adobe.


Copyright (c) 2018 CercleFinance.com. All rights reserved.