Investing.com - Adobe (NASDAQ:ADBE) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Adobe announced earnings per share of $3.03 on revenue of $3.84B. Analysts polled by Investing.com anticipated EPS of $2.81 on revenue of $3.73B.
Adobe shares are up 10% from the beginning of the year and are trading at $558.00 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 9.88% from the start of the year.
Adobe shares gained 1.31% in after-hours trade following the report.
Adobe follows other major Technology sector earnings this month
Adobe's report follows an earnings beat by NVIDIA on Wednesday, May 26, 2021, who reported EPS of $3.66 on revenue of $5.66B, compared to forecasts EPS of $3.29 on revenue of $5.4B.
Salesforce.com had beat expectations on Thursday, May 27, 2021 with first quarter EPS of $1.21 on revenue of $5.96B, compared to forecast for EPS of $0.8922 on revenue of $5.89B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar