Adobe Systems (ADBE) Boosts FY16 Outlook; Guides Q2 EPS, Revenue

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Adobe Reports Record Revenue

March 17, 2016 4:05 PM EDT

Strong Cloud Product Adoption in Q1 FY2016 Fuels 25 Percent Year-over-year Revenue Growth

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its first quarter fiscal year 2016 ended Mar. 4, 2016.

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First Quarter Financial Highlights

Adobe achieved record quarterly revenue of $1.38 billion, representing year-over-year growth of 25 percent. Diluted... More