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Adobe: beats consensus in Q3

(CercleFinance.com) - On Thursday night Adobe unveiled Q3 EPS that was up 60% at 1.
34 dollar. Adjusted EPS came in at 1.73 dollars, 4 cents above the consensus.

The California software publisher's revenue rose 24% to a record 2.29 billion dollars, including 1.61 billion dollars for its digital media division, which includes its Creative Cloud suite.

“Our strong momentum continued into the second half of fiscal 2018 as Adobe delivered another quarter of sustained revenue growth, strong earnings and cash flow of nearly $1 billion," said John Murphy, executive vice president and CFO, Adobe.

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