Adobe (NASDAQ: ADBE) reported revenue of $5.05 billion for the fourth quarter of 2023, up 12% year-over-year or 13% in constant currency.
Net income was $1.48 billion, or $3.23 per share, compared to $1.17 billion, or $2.53 per share, last year. Adjusted EPS was $4.27.
For fiscal year 2024, Adobe expects total revenue of $21.30-21.50 billion. GAAP EPS is expected to be $13.45-13.85 and adjusted EPS is expected to be $17.60-18.00.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Netflix (NFLX) stands tall in a heavily competitive streaming landscape
Shares of Netflix, Inc. (NASDAQ: NFLX) were down over 2% on Friday. The stock has gained 27% over the past three months. The streaming giant continues to hold its ground
Starbucks (SBUX): A look at the challenges that continue to beleaguer the coffee giant
Shares of Starbucks Corporation (NASDAQ: SBUX) rose 2% on Thursday. The stock has dropped 9% over the past month. The company has faced its fair share of challenges during fiscal
Broadcom (AVGO) thrives on growing AI business. Is the stock a buy?
Broadcom, Inc. (NASDAQ: AVGO), a leading provider of semiconductor solutions for wired and wireless communications, recently impressed the market with upbeat financial outlook highlighting strong prospects for its AI business
