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3 Things Adobe Wants Investors to Know

TheMotleyFool

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3 Things Adobe Wants Investors to KnowPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/ec495607-1e17-40ee-a41d-7726313a9707.png

Adobe (NASDAQ: ADBE) recently announced another quarter of impressive sales growth as the software giant continues profiting from the shift toward cloud-based subscription product sales. Revenue outpaced management's forecast, although investors chose to focus more on the underwhelming guidance that the company issued for the end of its fiscal year.

In a conference call with Wall Street analysts, CEO Shantanu Narayen and his team explained the demand trends behind that soft outlook while stressing that the broader business is performing well as Adobe closes out fiscal 2019.

Let's look at three highlights from that presentation.

Source Fool.com

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