TECH - Adobe Q2 Earnings: Revenue Beat EPS Beat Strong Guidance Momentum Due To 'Highly Differentiated Approach To AI' And More | Benzinga
Adobe Inc (NASDAQ:ADBE) reported financial results for the second quarter after the market close on Thursday. Here’s a look at the key metrics from the quarter.
Q2 Earnings: Adobe reported second-quarter revenue of $5.31 billion, beating the consensus estimate of $5.292 billion. The company reported quarterly adjusted earnings of $4.48 per share, beating analyst estimates of $4.39 per share.
Adobe has now beaten analyst estimates on both the top and bottom lines in six consecutive quarters, according to Benzinga Pro.
Total revenue was up 10% on a year-over-year basis. Remaining performance obligations were $17.86 billion at the end of the quarter. ...