Adobe (ADBE) PT Raised to $315 at BMO Capital
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Adobe Reports Record Q2 Revenue
June 18, 2019 4:05 PM EDTAchieves 25 Percent Year-Over-Year Growth with Strong Creative, Adobe Document Cloud and Adobe Experience Cloud Revenue
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2019 ended May 31, 2019.
Q2 FY2019 Financial Highlights
Adobe achieved record quarterly revenue of $2.74 billion in its second quarter of fiscal year 2019, which represents 25 percent year-over-year growth. Diluted earnings per share was $1.29 on a GAAP-basis, and $1.83 on a non-GAAP basis. Digital Media segment revenue was $1.89 billion, which represents 22 percent year-over-year growth.... More