Photographer: Chip Chipman/Bloomberg

Adobe Declines After Sales Forecast May Miss Analysts’ Estimates

Updated on
  • CFO says annual revenue projections remain on target
  • Second-quarter profit jumps 66 percent on digital media growth

Adobe Systems Inc. declined the most in four months after the company forecast revenue in the current quarter that may miss analysts’ estimates, signaling slowing momentum for its cloud-based products.

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