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Income Statement

Definition of 'Income Statement'

A company’s financial performance and trends are measured and tracked on an income statement, also known as the profit and loss statement and/or the statement of revenue and expense. This statement is issued over a defined accounting period and performance is evaluated based on how the company generates revenue and costs in terms of both operating and non-operating actions.

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Adobe Lead

Adobe Stock Falls on Profit-Taking After Better-Than-Forecast Report

With Adobe's stock up 29% year to date through Tuesday, investors saw an opportunity to take some money off the table.