Adobe Q4 Earnings Beat Estimates, Shares Fall on Weak Outlook
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Adobe's Q4 fiscal 2024 results exceeded earnings estimates, driven by strong adoption of Digital Media and Digital Experience. However, shares fell due to a weak outlook.
December 12, 2024 | 3:30 pm
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Adobe's Q4 fiscal 2024 earnings exceeded expectations due to strong Digital Media and Digital Experience adoption. Despite this, the stock price fell due to a weak future outlook.
Adobe's strong Q4 earnings were overshadowed by a weak outlook, leading to a decline in stock price. Investors are likely concerned about future growth prospects despite current performance.
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