Adobe Q4 Beats on Top and Bottom Lines

Adobe reported fourth-quarter earnings of $0.90 a share, beating Wall Street's projection of $0.86.
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Adobe (ADBE) - Get Report reported fourth-quarter earnings of $0.90 a share, beating Wall Street's projection of $0.86. Revenue for the technology outfit came in at $1.61 billion topping analysts' estimate of $1.59 billion. Adobe Marketing Cloud achieved record revenue of $465 million, representing 32% year-over-year growth.