Adobe Beat EPS/Revenue But Issued Downside Guidance | ADBE Stock

Adobe (ADBE) is not off to a great start in FY22: the digital document giant reported an EPS and revenue beat for Q1 but issued downside guidance for Q2 for the second time in a row. Growth has begun to slow down over the past couple of quarters for Adobe. Adobe’s stock has taken a big hit falling over 40% from its $700/share high back in November. Is Adobe a buy after earnings?

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