Adobe Systems (ADBE) Tops Q2 EPS by 12c, Offers Guidance

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Go back to Adobe Systems (ADBE) Tops Q2 EPS by 12c, Offers Guidance

Adobe Reports Record Revenue in Q2 Fiscal 2023

June 15, 2023 4:05 PM EDT

Company raises annual targets for revenue, EPS and Digital Media net new ARR

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2023 ended June 2, 2023.

Adobe achieved record Q2 revenue demonstrating strong demand across Creative Cloud, Document Cloud and Experience Cloud, said Shantanu Narayen, chair and CEO, Adobe. Adobes ground-breaking innovation positions us to lead the new era of generative AI given our rich datasets, foundation models and ubiquitous product interfaces.

Adobe delivered outstanding net new ARR and profitability in Q2,... More