adobe inc shares fell 3 in extended trading tuesday after the software company reported fiscal firstquarter revenue that surpassed wall street analysts’ lofty forecasts but offered tepid guidance the company adbe reported net income of 127 billion or 266 a share compared with net income of 126 billion or 261 a share in the yearago quarter adjusted earnings were 337 a share revenue surged 9 to a record 426 billion from 391 billion a year ago digital media accounted for 31 billion “adobe’s q1 results reflect the company’s strong execution and resilience through unprecedented circumstances” adobe chief financial officer dan durn said in a statement announcing the results “our momentum product innovation and immense market opportunity position us for success in 2022 and beyond” analysts surveyed by factset had expected net earnings of 334 a share on revenue of 424 billion the company’s secondquarter guidance of 434 billion in revenue and earnings of 330 a share fell short of factset analyst estimates of 44 billion and 335 a share respectively adobe’s stock is down 18 this year while the broader sp 500 index spx has declined 5 adobe has gleaned about threefourths of its revenue from digital media including the analysis of realtime data pegged as a 33 billion market “the next step in the digital transformation is how do they make it personal previously systems did not work in real time” anil chakravarthy president of adobe’s digital experience recently told marketwatch adobe’s realtime customer data platform is used by nike inc nke  cocacola co ko  general motors co gm  prudential financial inc pru  servicenow inc now and workday inc wday 