Adobe: EPS up 20% in Q3
(CercleFinance.com) - Adobe on Thursday evening reported adjusted (non-GAAP) EPS of $4.
09 and adjusted operating profit of $2.26 billion for its third accounting quarter, up 20.3% and 15.8% respectively year-on-year.
At $4.89 billion, revenues were up 10% (+13% at constant currencies), with CEO Shantanu Narayen highlighting "a new era of AI-enhanced creativity across the globe with innovations in its product portfolio".
For the last three months of the current financial year, the graphics software company is forecasting adjusted EPS of between $4.10 and $4.15, and sales of between $4.975 and $5.025 billion.
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