Adobe lifts profit forecast on tax reform boost

Adobe lifts profit forecast on tax reform boost

7 years ago
Anonymous $v9r5mEH86V

https://www.reuters.com/article/us-adobe-outlook/adobe-lifts-profit-forecast-on-tax-reform-boost-idUSKBN1FB2WW

Photoshop maker Adobe Systems Inc on Monday lifted its adjusted profit forecast for the current quarter and the full year, saying it expects its effective tax rate to decline "substantially" due to the recently enacted U.S. tax reforms.