Adobe forecasts annual revenue below estimates-October 2024-www.financetom.com

Adobe forecasts annual revenue below estimates

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Adobe forecasts annual revenue below estimates

Dec 11, 2024 1:50 PM

Dec 11 (Reuters) - Photoshop maker Adobe

forecast annual revenue below Wall Street estimates on

Wednesday, indicating the company's investments to weave AI into

its software applications were taking longer to bear fruit.

Shares of the San Jose, California-based company fell nearly

6% in extended trading.

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