Adobe Systems (NASDAQ: ADBE) reported Q1 EPS of $2.27, $0.04 better than the analyst estimate of $2.23. Revenue for the quarter came in at $3.09 billion versus the consensus estimate of $3.04 billion.

GUIDANCE:

Adobe Systems sees Q2 2020 EPS of $2.35, versus the consensus of $2.33. Adobe Systems sees Q2 2020 revenue of $3.175 billion, versus the consensus of $3.22 billion.

Total revenue	Approximately $3.175 billion
Digital Media segment revenue	Approximately 19 percent year-over-year growth
Digital Media annualized recurring revenue (ARR)	Approximately $385 million of net new ARR
Digital Experience segment revenue	Approximately 12 percent year-over-year growth
Tax rate	GAAP: ~(10) percent	Non-GAAP: ~10 percent
Share count	~486 million shares
Earnings per share	GAAP: ~$2.10	Non-GAAP: ~$2.35

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