Adobe Systems (ADBE) Tops Q4 EPS by 14c, Offers Guidance

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Adobe Reports Record Q4 and Fiscal 2023 Revenue

December 13, 2023 4:05 PM EST

Company achieves first $5 billion revenue quarter with exiting RPO of over $17 billion

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its fourth quarter and fiscal year 2023 ended Dec. 1, 2023.

Adobe drove record revenue of $19.41 billion in FY23 and 17 percent year-over-year EPS growth, with strong momentum across Creative Cloud, Document Cloud and Experience Cloud, said Shantanu Narayen, chair and CEO, Adobe. Adobes strategy, category leadership, ground-breaking innovation, exceptional talent and global customer base position us well for 2024 and beyond.

Adobes remarkable performance in FY23 drove world-class... More