Adobe(US:ADBE) 智通财经网·2025-09-11 23:24Group 1 - Adobe reported a strong quarterly revenue outlook, indicating that investments in artificial intelligence are paying off [1] - For the third fiscal quarter ending August 29, revenue grew by 11% to $5.99 billion, surpassing analyst expectations of $5.91 billion [1] - The digital media segment, which includes Adobe's flagship creative and document processing software, saw sales increase by 12% to $4.46 billion, with annual recurring revenue reaching $18.6 billion [1] Group 2 - The company expects sales for the upcoming period to be between $6.08 billion and $6.13 billion, aligning with analyst expectations [1] - Earnings per share, excluding certain items, are projected to be between $5.35 and $5.40, slightly above the average analyst estimate of $5.33 [1] - The annual recurring revenue from AI-affected products has exceeded $5 billion, with Adobe positioning itself as a leader in AI creative applications [2] Group 3 - Despite the positive outlook, Adobe's stock has declined by 21% this year, reflecting investor concerns about profitability from AI innovations [2] - There is growing competition from AI-focused rivals, leading to a generally pessimistic outlook for application software manufacturers on Wall Street [2] - Adobe faces increasing pressure from startups like Canva Inc. and native AI tools like Midjourney in the creative software space [2]