Adobe Shares Jump After Hours Following Results
Shares of Adobe Systems Inc. rose more than 5 percent Thursday evening after the software maker’s quarterly results came in above Wall Street’s expectations.
After a brief trading halt, Adobe shares climbed to $37.65 following the company’s report of fiscal fourth-quarter adjusted earnings of 61 cents a share. Analysts polled by FactSet had, on average, forecast earnings of 56 cents a share.