$ADBE-0.8% Adobe released results for the third quarter of fiscal year 2023. The company achieved record quarterly net recurring digital media revenue growth of $464 million. Total revenue was $4.89 billion, up 10% year-over-year, or 13% in constant currencies. Net earnings per share even increased more than 20% year-over-year. Now they're also starting to dabble in AI.
Adobe Inc.
ADBE
$502.45
-$3.85
-0.76%
Capital Structure
Market Cap
230.8B
Enterpr. Val.
228.3B
Valuation
P/E
47.4
P/S
12.2
Dividends
Yield
-
Payout
-
The results are nice, but the stock is down. Thanks for the recap :)
It's interesting considering the results :)
Sometimes it happens :D
Very nice results, but despite this, investors are sending the stock price down. At least now in the premarket. The price has slipped 2%.
I'm looking at it, so maybe the tootsies
So far it has kept support, so probably within reason :)