Adobe

Adobe, Inc. (NASDAQ:ADBE) engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers creative cloud services, which allow members to download and install the latest versions of products, such as Adobe Photoshop, Adobe Illustrator, Adobe Premiere Pro, Adobe Photoshop Lightroom and Adobe InDesign, as well as utilize other tools, such as Adobe Acrobat. The Digital Experience segment provides solutions, including analytics, social marketing, targeting, media optimization, digital experience management, and cross-channel campaign management, as well as premium video delivery and monetization. The Publishing and Advertising segment includes legacy products and services for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

Adobe Systems (NASDAQ:ADBE) Fiscal Q2 Tops Estimates; Ups Fiscal 2023 Earnings Guidance

/ / Technology /

Adobe Systems  (NASDAQ:ADBE)  reported fiscal Q2 non-GAAP earnings  of $3.91 per share, up from $3.35 a year earlier. Analysts polled by Capital IQ expected $3.79. Revenue for the quarter ended June 2 was $4.82 billion, up from $4.39 billion a year earlier. Analysts surveyed by Capital IQ expected $4.77 billion. The software company said it expects fiscal Q3 non-GAAP EPS between $3.95 and $4.00 and revenue between $4.83 billion and $4.87 billion. Analysts polled by Capital IQ are expecting $3.88 and $4.86 billion, respectively. The company also said it now expects fiscal 2023 non-GAAP EPS between $15.65 and $15.75. The previous guidance was for non-GAAP EPS between $15.30 and $15.60. Analysts surveyed by Capital IQ are expecting $15.49. Revenue for the fiscal year is projected to be between $19.25 billion and $19.35 billion, the company said. Analysts polled by Capital IQ are looking for $19.30 billion.

Adobe Systems (NASDAQ:ADBE) Fiscal Q2 Tops Estimates; Ups Fiscal 2023 Earnings Guidance Read Post »

Adobe Systems (NASDAQ:ADBE) sets fiscal 2023 Outlook

/ / Technology /

Adobe Systems (NASDAQ:ADBE) said it now expects fiscal 2023 non-GAAP EPS between $15.65 and $15.75. The previous guidance was for non-GAAP EPS between $15.30 and $15.60. Analysts surveyed by Capital IQ are expecting $15.49. Revenue for the fiscal year is projected to be between $19.25 billion and $19.35 billion, the company said. Analysts polled by Capital IQ are looking for $19.30 billion.

Adobe Systems (NASDAQ:ADBE) sets fiscal 2023 Outlook Read Post »

Scroll to Top