Adobe Systems (ADBE) Tops Q3 Tops by 9c, Revs Beat

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Adobe Reports Record Revenue

September 19, 2017 4:05 PM EDT

Strong Cash Flow and Earnings Highlight Third Quarter Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its third quarter fiscal year 2017 ended Sept. 1, 2017.

Financial Highlights

Adobe achieved record quarterly revenue of $1.84 billion in its third quarter of fiscal year 2017, which represents 26 percent year-over-year revenue growth. Diluted earnings per share was $0.84 on a GAAP-basis, and $1.10 on a non-GAAP basis. Digital Media segment revenue was $1.27 billion, with Creative revenue growing to $1.06 billion. Digital Media... More