Adobe stock rallies 5% as results, outlook top Street views

Adobe Inc. shares rallied in the extended session Wednesday after the software company topped Wall Street expectations for the quarter and hiked its outlook for the year.

Adobe ADBE shares rose 5% after hours, following a less than 0.1% gain to close the regular session at $333.61.

Adobe reported fiscal first-quarter net income of $1.25 billion,…

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