Adobe(US:ADBE) 美股IPO·2025-09-12 01:38Core Viewpoint - Adobe reported strong financial results for Q3, with revenue of $5.99 billion, an 11% year-over-year increase, surpassing expectations of $5.91 billion. Net profit rose from $1.68 billion to $1.77 billion, and earnings per share increased from $3.76 to $4.18. However, market reaction was cautious, with post-market stock price initially rising 8% before settling at a 2.77% increase [1][3][8]. Financial Performance - Q3 revenue reached $5.99 billion, an 11% increase year-over-year, exceeding analyst expectations of $5.91 billion. Adjusted earnings per share were $5.31, higher than the anticipated $5.18. Net profit increased from $1.68 billion to $1.77 billion, with earnings per share rising from $3.76 to $4.18 [5][6]. Core Business Progress - The digital media segment, a key growth driver, generated $4.46 billion in Q3 revenue, reflecting a 12% year-over-year growth. The annual recurring revenue (ARR) for this segment reached $18.6 billion. The digital experience segment reported revenue of $1.48 billion, up 9% year-over-year [6][12]. Outlook - The company raised its full-year revenue guidance for the second time, now expecting revenue between $23.65 billion and $23.7 billion, with adjusted EPS projected at $20.80 to $20.85. Q4 revenue is anticipated to be between $6.08 billion and $6.13 billion [7][14][15]. Competitive Pressure - Despite positive financial results, the market remains cautious due to competitive pressures from companies like Canva and Midjourney, which are challenging Adobe's long-standing leadership in creative software. Investors are concerned about Adobe's ability to monetize its AI innovations effectively [11][18][19][20].