Adobe Systems (ADBE) Tops Q2 EPS by 22c, Q3 Guidance Tops Views

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Go back to Adobe Systems (ADBE) Tops Q2 EPS by 22c, Q3 Guidance Tops Views

Adobe Reports Outstanding Second Quarter Results

June 17, 2021 4:05 PM EDT

Revenue Growth of 23% Year Over Year Drives Record $1.99 Billion Cash Flows from Operations

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2021 ended June 4, 2021.

Second Quarter Fiscal Year 2021 Financial Highlights

Adobe achieved quarterly revenue of $3.84 billion in its second quarter of fiscal year 2021, which represents 23 percent year-over-year growth. Diluted earnings per share was $2.32 on a GAAP basis and $3.03 on a non-GAAP basis. Digital Media segment revenue was $2.79 billion, which represents 25 percent year-over-year growth. Creative revenue grew to $2.32 billion,... More