Adobe Inc. (Nasdaq: ADBE), a prominent software company, reported robust third-quarter fiscal 2023 earnings, with an EPS of $4.09, surpassing the consensus EPS estimate of $3.98. The company's quarterly sales reached $4.89 billion, slightly above analysts' expectations of $4.87 billion in revenue.

Looking ahead, Adobe anticipates Q4 fiscal 2023 revenue in the range of $4.975 billion to $5.025 billion, with adjusted EPS expected to fall between $4.10 and $4.15. These projections outperform the consensus EPS estimate of $4.06 on revenue of $5.00 billion for the period.

$ADBE was trading at $541.50 in after-hours, down $10.66 (-1.93%) 

In other developments, eGain Corporation (Nasdaq: EGAN), a leading provider of customer engagement solutions, reported strong fourth-quarter fiscal 2023 earnings, posting an EPS of $0.11, beating the analyst consensus estimate of $0.05. The company's quarterly revenues reached $24.60 million, exceeding analysts' projected revenue of $23.71 million.

For the Q1 fiscal 2024, eGain is forecasting revenue between $23.5 million to $24.0 million and adjusted EPS ranging from $0.05 to $0.07, compared to the consensus EPS estimate of $0.06 on revenue of $24.93 million for the period.

In after-hours, $EGAN was trading at $6.90, up $0.61 (+9.70%).

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