Categories LATEST

Adobe Q2 2024 Earnings Call: Listen Live and Get the Real-Time Transcript

Design software company Adobe Inc. (NASDAQ: ADBE) is all set to report second-quarter 2024 earnings today after the closing bell. The company is currently busy integrating artificial intelligence across its platform.


Listen to Adobe’s Q2 2024 earnings call live and read the real-time transcript


Analysts’ consensus forecast for Q2 adjusted profit is $4.09 per share, compared to $3.91 per share in the three months ended May 2023. Meanwhile, Adobe executives are looking for Q2 earnings in the range of $4.35 per share to $4.40 per share. Wall Street forecasts second-quarter revenues of $4.93 billion. That falls below the management’s revenue guidance of $5.25-$5.30 billion.

In the first three months of fiscal 2024, the San Jose-based tech firm’s earnings and revenues exceeded the market’s forecast. The top line moved up 11% from the prior-year period to $5.18 billion in Q1. Consequently, adjusted earnings advanced 18% to $4.48 per share. On a reported basis, net income jumped 50% year-over-year to $620 million or $1.36 per share.

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

VZ Earnings: All you need to know about Verizon’s Q2 2024 earnings results

Verizon Communications Inc. (NYSE: VZ) reported its second quarter 2024 earnings results today. Total operating revenue was $32.8 billion, up 0.6% from the same period last year. Consolidated net income

Important Takeaways from Netflix’s (NFLX) Q2 2024 report

Netflix, Inc. (NASDAQ: NFLX) has expanded its subscriber base consistently in recent years, with growth accelerating after it launched a crackdown on password sharing a year ago. While delivering better-than-expected

American Express (AXP): Main takeaways from the Q2 2024 earnings report

Shares of American Express Company (NYSE: AXP) dropped over 3% on Friday after the company delivered mixed results for the second quarter of 2024. Profits beat expectations while revenue came

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top