Categories AlphaGraphs, Earnings, Technology

Adobe reports higher Q3 revenue and earnings; results beat estimates

Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations.

Adobe Q3 2024 earnings infographic

Third-quarter revenues came in at $5.41 billion, which is up 11% from the year-ago quarter. The top line benefited from strong growth in the Digital Media and Digital Experiences businesses.

Adjusted net profit, excluding one-off items, rose to $4.65 per share in Q3 from $4.09 per share last year. Unadjusted net income was $1.68 billion or $3.76 per share in the August quarter, compared to $1.40 billion or $3.05 per share in the third quarter of 2023.

“Adobe’s record Q3 performance is a testament to our relentless innovation and commitment to delivering value to our customers. With groundbreaking advancements in AI across Creative Cloud, Document Cloud, and Experience Cloud, we are empowering millions of users worldwide,” said Adobe’s CEO Shantanu Narayen.

Prior Performance

  • Adobe Q2 2024 earnings infographic
  • Adobe Q1 2024 earnings infographic

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

DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY

Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales

CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates

Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings

ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results

Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a

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