Adobe beats first-quarter revenue estimates

Quick Summary:

Adobe beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from strong spending on its portfolio of design products that boast artificial intelligence features. The company reported revenue of $5.71 billion, beating estimates of $5.

FILE PHOTO: Adobe logo is seen on smartphone in this illustration taken June 13, 2022.

The company reported revenue of $5.71 billion, beating estimates of $5.66 billion, according to data compiled by LSEG.

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Category: EconomyBusiness

Markets: Singapore

Topics: Photo: File Seen Billion Illustration Adobe Revenue Experience Logo Smartphone Mediacorp

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 04:11:18 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 112 words

Reading Time: 1 minutes read

Sentences: 17 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26928798

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