Adobe Q2 Adj. EPS $3.03 Beats $2.81 Estimate, Sales $3.84B Beat $3.73B Estimate

Adobe (NASDAQ:ADBE) reported quarterly earnings of $3.03 per share which beat the analyst consensus estimate of $2.81 by 7.83 percent. This is a 23.67 percent increase over earnings of $2.45 per share from the same period last year. The company reported quarterly sales of $3.84 billion which beat the analyst consensus estimate of $3.73 billion by 2.95 percent. This is a 22.76 percent increase over sales of $3.13 billion the same period last year.