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.
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
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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
