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Adobe Strikes $1.9 Billion Deal for Software Provider Semrush
Yahoo Finance· 2025-11-19 13:18
Adobe CEO Shantanu Narayen at a conference last month in Los Angeles. - Mark Von Holden/AP Content Services for Adobe Adobe struck a $1.9 billion deal to acquire Semrush, a software platform that helps businesses run better search-engine optimization as reliance on artificial intelligence increases. The details A deal was announced Wednesday, confirming an earlier report by The Wall Street Journal. Most Read from The Wall Street Journal Adobe said it will pay $12 a share in all cash for Semrush, which ...
Adobe Inc. (NASDAQ: ADBE) Surpasses Earnings Expectations
Financial Modeling Prep· 2025-09-12 02:00
Adobe Inc. (NASDAQ:ADBE) reported an EPS of $5.31, beating the estimated $5.17, and revenue of $5.99 billion, surpassing forecasts.The company's stock price increased by 6% following the announcement of its third-quarter results, driven by strong financial performance and growth in demand for its design software and AI tools.Adobe raises its fiscal 2025 revenue and profit forecasts, with an optimistic outlook for its digital media business, projecting an 11.3% growth for the fiscal year.Adobe Inc. (NASDAQ:A ...