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Adobe StockInvestor's Business Daily
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89% Informative
Adobe beat Wall Street's targets for its fiscal third quarter , but its guidance for the current period missed estimates.
The company earned an adjusted $4.65 a share on sales of $5.41 billion in the quarter ended Aug. 30 .
On a year-over- year basis, Adobe earnings increased 14% while revenue rose 11% .
Adobe's earnings growth has decelerated for four straight quarters .
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