Home > Content > Software > Adobe Reports Rising Revenue

Adobe Reports Rising Revenue

Graphics software giant Adobe has reported Q3 revenue and profit slightly above analysts’ expectations, and forecast higher profit this quarter.

Revenue in the three months ended in August rose 20 percent compared to the same period last year, to $1.46 billion. Analysts had expected $1.45 billion in revenue. Creative Cloud revenue was up 39pc at $803 million.


“Our leadership in cloud-based content and data platforms make us a mission-critical partner to the world’s biggest brands as they transform how they engage with their customers,” said Shantanu Narayen, Adobe CEO.



You may also like
DocuSign To Cut 6% Of Its Workforce
AI generated indigenous art
‘Fake’ AI Indigenous Art Rampant
Adobe’s Figma Merger Faces U.K. Competition Concerns
Apple Claims New M3 Chips Are “Scary Fast” At Launch
Adobe’s New Photoshop AI Is Editing On Steroids