5747896e
5747896e
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2021-06-18
Adobe stock gains after easy FQ2 beats, upside guidanceJun. 17, 2021 4:17 PM ETBy: Brandy Betz, SA News EditorAdobe (NASDAQ:ADBE) shares are up nearly 2% after hours following fiscal Q2 beats with revenue up 23% Y/Y to $3.84B and EPS of $3.03, which was $0.21 ahead of estimates.Digital Media revenue was up 25% to $2.79B. Creative sales increased 24% to $2.32B. Document Cloud revenue was up 30% to $469M.Digital Experience sales grew 21% to $938M with subscription revenue up 25% to $817M.Cash flows from operations totaled a record $1.99B.RPO exiting the quarter was $12.23B, up 23%.For Q3, the company expects revenue of $3.88B (consensus $8.83B) and EPS of about $3 (consensus: $2.90). Digital Media revenue is expected to grow 22% Y/Y and Digital Experience to increase 21%.
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2022-01-15
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2022-01-14
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2022-01-12
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2022-01-11
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2022-01-09
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2022-01-08
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2022-01-07
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2022-01-06
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2022-01-04
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2022-01-03
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2022-01-02
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2021-12-30
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2021-12-30
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2021-12-28
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2021-12-27
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