Adobe Systems (ADBE) Guides Q3 EPS Above Views

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Go back to Adobe Systems (ADBE) Guides Q3 EPS Above Views

Adobe Achieves Record Revenue

June 20, 2017 4:05 PM EDT

Adobe Creative Revenue Exceeds $1 Billion in Q2

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2017 ended June 2, 2017.

Financial Highlights

Adobe achieved record quarterly revenue of $1.77 billion in its second quarter of fiscal year 2017. Diluted earnings per share was $0.75 on a GAAP-basis, and $1.02 on a non-GAAP basis. Digital Media segment revenue was $1.21 billion, with Creative revenue growing to a record $1.01 billion. Strong Creative Cloud and Document Cloud adoption and... More