Adobe Stock Jumps On Earnings Beat, Strong Outlook: Company Says It's Positioned To Lead 'New Era Of Generative AI' - $ADBE
- 10 months ago
Adobe Inc (NASDAQ:ADBE) shares are trading higher in Thursday's after-hours session on the heels of the company's second-quarter results. Here's a rundown of the report and a look at what's driving the action.
Q2 Earnings: Adobe said second-quarter revenue increased 10% year-over-year to $4.82 billion, which beat the consensus estimate of $4.43 billion, per Benzinga Pro. The creative software company reported quarterly adjusted earnings of $3.91 per share, which beat estimates of $3.79 per share.
Q2 Earnings: Adobe said second-quarter revenue increased 10% year-over-year to $4.82 billion, which beat the consensus estimate of $4.43 billion, per Benzinga Pro. The creative software company reported quarterly adjusted earnings of $3.91 per share, which beat estimates of $3.79 per share.