Adobe Systems' quarterly report exceeded the expectations of experts. The company boasted record profits and voiced ambitious plans for the current quarter and financial year. However, its shares dropped by 2% after the report.
Tag: quarterly report
Oracle reported the results of Q3 of financial 2021: the revenue rose by 2.95%, the income – by 95%. The statistics were beyond Wall-Street expectations, unlike the forecasts for the current quarter. As a result, the shares dropped by 6.53%.
For the first time in history, the quarterly revenue of Apple was above 111 billion USD. The CFO in October-December, 2020 also reached its all-time highs. More details of the report by the company from Cupertino – in our new article.
The report provoked growth of the quotations by 17%. In 2020, the revenue grew by 24%, net profit — by 47.9%, audience — by 32.1%. The company's experts say that in the nearest quarter the revenue will grow by 23.6% and the net profit — by 92%.