Adobe (ADBE) Q2 Earnings & Revenues Beat Estimates, Rise Y/Y [Yahoo! Finance]
Adobe Inc. (ADBE)
Last adobe inc. earnings: 3/12 04:05 pm
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Source: Yahoo! Finance
Total revenues were $5.31 billion, which beat the Zacks Consensus Estimate of $5.28 billion. The figure rose 10% on a reported basis and 11% on a constant-currency basis from the year-ago quarter. Top-line growth was driven by the strong performances of Adobe Creative Cloud, Document Cloud and Experience Cloud. Accelerating subscription revenues also contributed well. Growing generative artificial intelligence efforts contributed well. Adobe Inc. Price, Consensus and EPS Surprise Adobe Inc. price-consensus-eps-surprise-chart | Adobe Inc. Quote Top Line in Detail Adobe reports revenues under three categories — subscription, product, and services & support. Subscription revenues were $5.06 billion (accounting for 95.3% of the total revenues), up 12% on a year-over-year basis. Product revenues totaled $104 million (2% of the total revenues), down 20% year over year. Services & other revenues were $145 million (2.7% of the total revenues), decreasing 14.2% from the prio
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ADBE
Earnings
- 6/13/24 - Beat
ADBE
Sec Filings
- 6/20/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- ADBE's page on the SEC website