Digital Media (u koje spadaju Photoshop i Illustrator), Creative i Document Cloud segmenti kompanije beleže snažne rezultate, pa se postavlja pitanje zašto ovakvi pozitivni rezultati ne impresioniraju investitore?
For the quarter ended Sept. 3, Adobe reported revenue of $3.94 billion Tuesday, up 22% year over year. It was a quarterly sales record for the creative-software company, topping Wall Street’s consensus estimate of $3.89 billion, according to FactSet. Non-GAAP earnings of $3.11 a share also beat consensus estimates at $3.01 a share.
But Adobe shares have risen more than 40% in the past six months following a string of better-than-expected quarters. Better-than-consensus results may have already been priced in the stock. The stock was down 3.7% to $622.26 in premarket trading Wednesday.
Digital Media segment revenue was up 23% year over year to $2.87 billion. That includes Creative segment revenue of $2.37 billion, up 21% compared with the year-ago quarter, and Document Cloud revenue of $493 million, up 31% year over year.