Adobe Systems (ADBE) Tops Q1 EPS by 10c, Offers Guidance

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Go back to Adobe Systems (ADBE) Tops Q1 EPS by 10c, Offers Guidance

Adobe Reports Record Revenue in Q1 Fiscal 2024

March 14, 2024 4:05 PM EDT

Record Q1 Net New Document Cloud ARR; Enterprise strength drives RPO growth of 16 percent year over year

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its first quarter fiscal year 2024 ended March 1, 2024.

Adobe drove record Q1 revenue demonstrating strong momentum across Creative Cloud, Document Cloud and Experience Cloud, said Shantanu Narayen, chair and CEO, Adobe. Weve done an incredible job harnessing the power of generative AI to deliver groundbreaking innovation across our product portfolio.

Adobes Q1 results and record RPO reflect strong customer adoption... More