Adobe reports Q2 revenue up 11% YoY to $5.87B, vs. $5.8B est., Digital Media revenue up 11% to $4.35B, and forecasts Q3 revenue above estimates (Brody Ford/Bloomberg)

1 day ago 1
Add to circle

Brody Ford / Bloomberg:
Adobe reports Q2 revenue up 11% YoY to $5.87B, vs. $5.8B est., Digital Media revenue up 11% to $4.35B, and forecasts Q3 revenue above estimates  —  Adobe Inc. gave a sales outlook for the current quarter that topped analysts' estimates, but investors remain skeptical that the leader in creative software can outduel AI-focused upstarts.

Read Entire Article