Adobe Systems (ADBE) Tops Q1 EPS by 12c, Guidance Beats

Adobe Systems (NASDAQ: ADBE) reported Q1 EPS of $3.80, $0.12 better than the analyst estimate of $3.68. Revenue for the quarter came in at $4.66 billion versus the consensus estimate of $4.62 billion.

GUIDANCE:

Adobe Systems sees FY2023 EPS of $15.30-$15.60, versus the consensus of $15.31.

Adobe Systems sees Q2 2023 EPS of $3.75-$3.80, versus the consensus of $3.76. Adobe Systems sees Q2 2023 revenue of $4.75-4.78 billion, versus the consensus of $4.76 billion.

For earnings history and earnings-related data on Adobe Systems (ADBE) click here.

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