Adobe Systems Inc. (ADBE) reported second quarter adjusted EPS of $0.36 after the bell Tuesday, down from $0.60 in the prior year period. The consensus estimate was for EPS of $0.34.
Adobe Systems gapped open sharply higher Wednesday and is now up 2.77 at $46.13. The stock has risen to a 6-week high and is approaching the highs of the year, around $47.15 per share.
For comments and feedback: editorial@rttnews.com