Earnings Preview: Adobe Systems Incorporated
Adobe Systems Incorporated (ADBE) operates as a diversified software company worldwide. It offers a line of software and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers. Adobe Systems is scheduled to report its second-quarter earnings results on June 19, 2012, after market close.
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Adobe has a market cap of $15.70 billion and it is currently trading around $31.65 with a 52-week range of $22.67 to $34.78. The stock has 11.96% price performance for the year 2012. The following table provides the key financial ratios for Adobe :
Return On Assets (ROA)
Return On Equity (ROE)
- On May 22, 2012, Adobe announced Primetime simulcast to accelerate online Ad revenue for TV content owners.
- On May 15, 2012,