These Analysts Revise Their Forecasts On Adobe After Q3 Results
Adobe Inc. ADBE posted better-than-expected third-quarter results and raised its fiscal 2025 outlook after Thursday's closing bell.Adobe reported quarterly earnings of $5.31 per share, which beat the analyst estimate of $5.18. Quarterly revenue came in at $5.99 billion, which beat the Street estimate of $5.91 billion, according to data from Benzinga Pro."Adobe is the leader in the AI creative applications category with AI-influenced ARR surpassing $5 billion and AI-first ARR already exceeding our $250 milli ...