Adobe Q3 earnings beat, sales guidance in line with estimates

Adobe's (ADBE) fiscal third quarter results topped Wall Street estimates on both the top and bottom lines. The software company reported adjust earnings of $4.09 compared to estimates of $3.98. The company also reported record revenue of $4.89 billion versus expectations of $4.87 billion. Its earnings forecast for the fourth quarter was also better than expected, while the revenue outlook was in line with analyst expectations. Yahoo Finance Live breaks down Adobe's latest quarterly results.