News Formal

Adobe Earnings Edge Estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The company has been building outs its generative AI strategy. The question is when its AI push will start to show up in its financial results.

Adobe posted earnings that were a smidgen better than both guidance and Street estimates, as it continues to make a full-court press to add generative artificial intelligence capabilities across its broad suite of content creation and marketing tools.

For the fiscal third quarter ended Sept. 1, Adobe reported revenue of $4.89 billion, up 10% from a year ago, or 13% adjusted for currency, slightly ahead of the company’s guidance range of $4.83 billion to $4.87 billion, and the Street consensus forecast at $4.87 billion. On an adjusted basis, the company earned $4.09 a share, topping its target of $3.95 to $4 a share, and Street consensus at $3.98. Under generally accepted accounting principles, the company earned $3.05 a share.

“We are unleashing a new era of AI-enhanced creativity around the world with innovations across our product portfolio,” Adobe CEO Shantanu Narayen said in a statement accompanying the earnings announcement. “The recent launches of Firefly, Express, Creative Cloud and GenStudio make Adobe magic available to millions of users.”

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Adobe releases Firefly AI commercially and announces pricing moves ahead of earningsAdobe shares rose higher Wednesday after the company announced ahead of earnings that it will implement a credit system to charge users when they use Firefly...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Adobe earnings top Wall Street estimates, while sales forecast is roughly in lineAdobe shares traded between slight gains and losses after hours Thursday, after the company's revenue outlook came in roughly in line with estimates.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »