Overview
- Adobe posted second-quarter revenue of $5.87 billion and adjusted earnings of $5.06 per share, both above analyst forecasts.
- The company lifted its full-year revenue outlook to $23.50–$23.60 billion and raised its adjusted EPS guidance to $20.50–$20.70.
- Management forecast third-quarter revenue of $5.88–$5.93 billion with adjusted EPS of $5.15–$5.20 per share.
- Digital media revenue climbed 11% year-over-year to $4.35 billion as paused client projects resumed in Q2.
- Adobe’s Firefly AI models have generated over 24 billion pieces of content and now include image-generation tools from OpenAI and Google.