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Adobe Inc. (NASDAQ:ADBE) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer was disappointed with the company’s recently reported quarter, as he remarked:

Just check out what happened to Adobe. They reported last night. It was a disappointing quarter. The CFO left, the forecast wasn’t good, and the stock cannot lift. And that comes on the heels of Adobe losing its CEO. All very, very difficult.

Photo by Adam Nowakowski on Unsplash

Adobe Inc. (NASDAQ:ADBE) provides creative, document, and digital experience software. The company’s solutions are used to create, manage, and optimize digital content and customer experiences. Cramer discussed the company ahead of its earnings during the June 5 episode, as he said:

Thursday, two battered companies report: Adobe and Lennar. Adobe’s part of the software as a service cohort, and that’s a shrinking cohort. More importantly, there are some companies that make similar but less expensive software in order to be able to design things. Even after its thrashing, I think it’s not low enough to own. I’m not kidding.

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