Adobe Can’t Photoshop Away Its Own Fading Prospects

Date: Jun 20 2012

Filed under: Technology, Earnings, Adobe Systems

Adobe PhotoshopLet’s see Adobe Systems (ADBE) try to Photoshop its way out of this one.

Shares of the leading desktop publishing software company opened sharply lower on Wednesday morning after posting uninspiring quarterly results and disappointing guidance.

“Adobe Reports Strong Second Quarter Financial Results” may have been the headline of the company’s earnings release, but Mr. Market didn’t see it that way at all.

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Adobe Can’t Photoshop Away Its Own Fading Prospects originally appeared on DailyFinance.com on 2012-06-20T16:25:00Z.

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