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Adobe Systems Inc (ADBE.OQ)

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24 Jun 2016
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Adobe's revenue forecast disappoints growth-hungry investors

Adobe Systems Inc's second-quarter revenue and full-year revenue forecast just about met analysts' estimates, disappointing investors hoping demand for the company's Creative Cloud package of software tools would outpace expectations.

BRIEF-Adobe expects Q3 earnings per share of $0.46 to $0.52

* Q3 earnings per share view $0.71, revenue view $1.47 billion -- Thomson Reuters I/B/E/S

Adobe's revenue rises for ninth quarter in a row

June 21 Adobe Systems Inc reported a 20.4 percent rise in second-quarter revenue, as more customers subscribed for its Creative Cloud package of software tools, such as Photoshop.

BRIEF-Adobe announces agreement to acquire Livefyre

* Livefyre will be part of Adobe Experience Manager and integrated across Adobe Marketing Cloud Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

BRIEF-Intertrust partners with Adobe

* Partners with Adobe to power digital rights management for industry-leading multiscreen TV platform Further company coverage: (Gdynia Newsroom)

Adobe issues emergency update to Flash after ransomware attacks

BOSTON Adobe Systems Inc issued an emergency update on Thursday to its widely used Flash software for Internet browsers after researchers discovered a security flaw that was being exploited to deliver ransomware to Windows PCs.

UPDATE 1-Adobe issues emergency update to Flash after ransomware attacks

BOSTON, April 7 Adobe Systems Inc issued an emergency update on Thursday to its widely used Flash software for Internet browsers after researchers discovered a security flaw that was being exploited to deliver ransomware to Windows PCs.

BRIEF-Valueact Capital Management Lp now holds 6,000 shares of Adobe Systems as of March 31, 2016

* Valueact Capital Management LP sold 8.73 mln shares of Adobe Systems Inc between 29-31 March 2016 at price of $92.97-$94

UPDATE 2-Adobe raises revenue, profit forecasts above estimates on cloud momentum

* Shares rise 7.5 percent in extended trading (Adds forecast, details)

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