Evercore ISI on Adobe (ADBE): 'F3Q results were actually quite strong'
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Adobe Reports Record Revenue in Q3 Fiscal 2024
September 12, 2024 4:05 PM EDTRecord Q3 net new Digital Media ARR of $504 million, with exiting RPO surpassing $18 billion and growing 15 percent year over year
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its third quarter fiscal year 2024 ended Aug. 30, 2024.
"Adobe's record Q3 performance is a testament to our relentless innovation and commitment to delivering value to our customers, said Shantanu Narayen, chair and CEO, Adobe. With groundbreaking advancements in AI across Creative Cloud, Document Cloud and Experience Cloud, we are empowering millions of users worldwide.
In Q3,... More
Adobe Previews Its Upcoming Firefly Video Model
September 11, 2024 9:02 AM EDTThe all-new Adobe Firefly Video Model will extend Adobes family of foundational generative AI models for imaging, design and vector creation Designed to be commercially safe, the Firefly Video Model will be integrated across Creative Cloud, Experience Cloud and Adobe Express workflows, enriching the ability to tell beautiful and compelling stories New Text to Video and Image to Video capabilities, along with Generative Extend in Premiere Pro, will be available later this year to enhance the workflows video editors know and love
SAN JOSE, Calif.--(BUSINESS... More
