Wednesday, April 7, 2010 as of 11:14 AM ET
Shantanu Narayen is an Indian born American CEO of Adobe Systems. Prior to this post, he held the role as the President and Chief Operating Officer since 2005.
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(NASDAQ:ADBE) weighed in Monday with revenue that just missed expectations, as sales slowed in expectation of a new, updated release of the company's Creative Suite software programs. The revenue miss drove the shares lower, even as the company boosted its full-year earnings and revenue targets.For the fiscal first quarter, the maker of Flash, Photoshop and InDesign software weighed in with net income that fell to $185.2 million, or 37 cents a share, compared with year-ago profit of $234.6 million, or 46 cents a share.On an adjusted basis, earnings per share fell to 57 cents, compared with 58 cents a share in the first quarter of last year.Revenue rose to just under $1.045 billion, compared with revenue of $1.03 billion, one year ago.The results were mixed, as revenue narrowly missed analyst consensus. The Street had forecast earnings 57 cents a share on revenue of $1.054 billion, according to a poll by Thomson Reuters."Our strategy is to be the leader in Digital Media and D...Shares in Adobe Systems Inc ( NASDAQ :ADBE) skyrocketed on Thursday after a media report stirred speculation it might become an acquisition target for Microsoft Corp...
Adobe Systems ( NASDAQ :ADBE) tumbled to a 52-week low Wednesday after reporting late Tuesday weaker fourth-quarter earnings guidance, citing soft demand in some of ...
Adobe Systems Inc. ( NASDAQ :ADBE) weighed in with better-than-expected third-quarter results, but the graphics and design company forecast fourth-quarter sales belo...
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Adobe CEO Shantanu Narayen talks about his new product, and what he thinks about Apple's exclusion of the Adobe Flash Player
Adobe CEO and President Shantanu Narayen on how the company managed to report better-than-expected earnings for the fourth-quarter, and what's ahead for the company.
Adobe CEO Shantanu Narayen reacts to Steve Jobs' death and how the company is using the new generation of tablets to innovate.
Adobe (NASDAQ:ADBE) posted quarterly profits that beat Wall Street's expectations after the closing bell on Tuesday, and said it expects to have a stronger fourth qu...
Adobe Systems Inc. (NASDAQ:ADBE) posted fiscal second-quarter profit that topped analyst expectations and the company gave guidance that was in-line with the Street’...
Adobe Systems Inc. (NASDAQ:ADBE) weighed in Tuesday with better-than-expected first quarter-results, but gave mixed second-quarter guidance.The Silicon Valley softwa...
Adobe Systems ( NASDAQ :ADBE) weighed in with better-than-expected fourth-quarter results Monday after the bell, as the software giant posted its first billion-dolla...
From product development to piracy to hiring, Liz Claman gets all the answers from Adobe’s CEO Shantanu Narayen in a web exclusive interview
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