Around the Net
Adobe Posts Healthy Q1 Earnings
- ZDNet, Friday, March 13, 2020 6:37 AM
Adobe just reported better-than-expected earnings for its fiscal first quarter, while lowering its guidance for the current quarter in light of COVID-19 concerns. “It expects enterprise customers to defer bookings, delay consulting services and cut spending amid the worsening global pandemic,” ZDNet reports. “The company is also preparing for reduced consumer spending and lower software license revenue from channel partners.”
