Adobe Systems (ADBE) Tops Q2 EPS by 12c, Offers Q3 Guidance
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Adobe Reports Record Revenue
June 14, 2018 4:05 PM EDTAdobe Document Cloud Achieves Year-Over-Year Growth of 22 Percent
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported strong financial results for its second quarter fiscal year 2018 ended June 1, 2018.
Financial Highlights
Adobe achieved record quarterly revenue of $2.20 billion in its second quarter of fiscal year 2018, which represents 24 percent year-over-year revenue growth. Diluted earnings per share was $1.33 on a GAAP-basis, and $1.66 on a non-GAAP basis. Digital Media segment revenue was $1.55 billion, with Creative revenue growing to $1.30 billion and Document Cloud achieving record revenue of... More