Adobe (ADBE) PT Lowered to $420 at BMO Capital
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Adobe Reports Record Revenue in Q2 Fiscal 2022
June 16, 2022 4:05 PM EDTCash Flows from Operations Exceed $2 Billion in the Quarter
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2022 ended June 3, 2022.
Adobe achieved record Q2 revenue with strong demand across Creative Cloud, Document Cloud and Experience Cloud, said Shantanu Narayen, chairman and CEO, Adobe. We are winning in our established businesses and seeing significant momentum in new categories from content authoring for a broad base of creators to PDF functionality on the web to the leading real-time customer data platform for global... More
