NEWSUPDATE: Adobe reports Q2 revenue up 10% YoY to $4.82B vs. $4.77B est. Digital Media revenue up 10% YoY to $3.51B and Digital Experience revenue up 12% YoY to $1.22B (Jon Swartz/MarketWatch)

Friday, 16 June 2023

Adobe reports Q2 revenue up 10% YoY to $4.82B vs. $4.77B est. Digital Media revenue up 10% YoY to $3.51B and Digital Experience revenue up 12% YoY to $1.22B (Jon Swartz/MarketWatch)

Jon Swartz / MarketWatch:
Adobe reports Q2 revenue up 10% YoY to $4.82B, vs. $4.77B est., Digital Media revenue up 10% YoY to $3.51B, and Digital Experience revenue up 12% YoY to $1.22B — Adobe Inc.'s hard push into generative AI is pushing its stock past $500 a share. — The company's stock (ADBE) …

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