Adobe (ADBE) Falls on Slight Q1 Beat, Weaker Outlook
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Adobe Reports Record Revenue in Q1 Fiscal 2022
March 22, 2022 4:05 PM EDTDocument Cloud ARR Surpasses $2 Billion Exiting the Quarter
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its first quarter fiscal year 2022 ended March 4, 2022.
Adobe achieved record Q1 revenue as Creative Cloud, Document Cloud and Experience Cloud continue to be pivotal in driving the digital economy, said Shantanu Narayen, chairman and CEO, Adobe. Adobe is committed to empowering individuals, transforming businesses and connecting communities.
Adobes Q1 results reflect the companys strong execution and resilience through unprecedented circumstances, said Dan Durn, executive vice president and CFO, Adobe.... More
