2020-09-15 16:05:50 ADBE Adobe
09/15/20 09/1516:05 09/15/2016:05 | Adobe reports Q3 adjusted EPS $2.57, consensus $2.41Reports Q3 revenue $3.23B, consensus $3.16B. "Adobe delivered the best Q3 in our history in a challenging macroeconomic environment, demonstrating the global demand for our innovative solutions," said Shantanu Narayen, president and CEO, Adobe. "We are confident that our leadership in the creative, document and customer experience management categories will drive continued momentum in 2020 and beyond." "Adobe drove outstanding performance in Q3, highlighted by growth in Creative Cloud and Document Cloud ARR, Digital Experience subscription revenue and record operating cash flows," said John Murphy, executive vice president and CFO, Adobe. "The resilience of our recurring business model and a strong book of business is driving sustained long-term growth." |
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