BUZZ-Adobe falls on CFO Dan Durn's exit

Adobe Systems Incorporated

Adobe Systems Incorporated

ADBE

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** Photoshop-maker Adobe's ADBE.O shares fall 5.4% to $206.90 in extended trading

** CFO Dan Durn to exit his role on June 15; Steve Day, senior vice president of corporate finance, will serve as interim finance chief

** ADBE now expects FY26 revenue between $26.5 billion and $26.6 billion, compared with prior expectation in the range of $25.90 billion to $26.10 billion

** Adobe expects annual adj. EPS between $24.35 to $24.45 vs prior forecast of between $23.30 to $23.50 per share

** Co reports Q2 revenue of $6.62 billion vs estimates of $6.46 billion - data compiled by LSEG

** Up to last close, stock had fallen 37.5% YTD


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