Adobe Third Quarter 2024 Earnings: EPS Beats Expectations
EPS: US$3.78 (up from US$3.07 in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
With every AI model capability integration by Adobe, the number of credits people use increases, David Wadhwani said.
Adobe delivered another set of strong results on Thursday, with August quarter sales and earnings topping most forecasts. But ...
Share prices of Adobe ( ADBE -2.86%) sold off after the company reported its fiscal 2024 third-quarter results on Sept. 12 ...
Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker's disappointing quarterly earnings forecast sparked ...
Adobe Corp. is scheduled to report earnings after Thursday’s close. Here's a closer look at what Wall Street expects ...
Bulls advise you look past Adobe’s “optically dimmed” forecast, but it certainly raises the bar for next year.
Adobe's stock fell 10% post-3Q earnings despite beating estimates due to weak 4Q guidance, signaling slower-than-expected AI ...
Earnings Estimates: Analysts expect Adobe to report third-quarter revenue of $5.37 billion. That’s up from $4.89 billion in ...
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