Tag: adobe shares

Adobe Affirms Sales Forecast on Steady Demand for Design Software
Technology

Adobe Affirms Sales Forecast on Steady Demand for Design Software

[ad_1] Adobe Inc. affirmed its annual revenue forecast, signaling it’s seeing steady demand for creative design and analytics software despite the uncertain economy. Adobe Inc. affirmed its annual revenue forecast, signaling it's seeing steady demand for creative design and analytics software despite the uncertain economy. The shares gained about 6% in extended trading. The company also said it expects to complete its $20 billion purchase of Figma Inc. next year, despite regulatory review in the US, UK and Europe. Revenue will be about $19.2 billion in fiscal 2023, which began this month. Profit, excluding some items, will be $15.15 to $15.45 a share, the company said Thursday in a statement. The forecast, as well as the sales outlook for Adobe's divisions, was the same as the co...