Adobe Systems Guides Light After Another Strong Quarter
Adobe Systems (NASDAQ: ADBE) announced record fiscal third-quarter 2019 results on Tuesday after the markets closed, beating expectations yet again on the relative outperformance of its subscription and cloud-based product offerings.
But the creative software leader also followed with a seemingly conservative update to its outlook -- at least, relative to Wall Street's expectations -- leaving shares down modestly in after-hours trading as of this writing. Let's dive deeper for a better idea of what Adobe accomplished over the past few months, and what we should be watching as it wraps up its fiscal year.
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Source Fool.com
