Categories AlphaGraphs, Earnings, Technology

Earnings: Adobe (ADBE) Q2 profit rises, beats Street view; revenue up 14%

Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday announced second-quarter results, reporting revenues and earnings that increased year-over-year and topped expectations.

Adobe Q2 2022 earnings infographic

At $4.39 billion, second-quarter revenues were up 14% from the prior-year period and above the market’s projection. The top line benefited from strong growth in the core operating segments.

Net profit, excluding special items, rose to $3.35 per share from $3.03 per share last year and came in above the consensus forecast. Unadjusted net income was $1.18 billion or $2.49 per share, compared to $1.12 billion or $2.32 per share in the second quarter of 2021.

Check this space to read management/analysts’ comments on Adobe’s Q2 results

“We are winning in our established businesses and seeing significant momentum in new categories from content authoring for a broad base of creators to PDF functionality on the web to the leading real-time customer data platform for global enterprises,” said Adobe’s CEO Shantanu Narayen.

Prior performance

  • Adobe Q4 2021 earnings infographic
  • Adobe inc Q3 2021 earnings


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Viewing Highlight