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Adobe Beats Q3 Revenue Estimates Despite Wall Street Demand for More AI Growth
Adobe reported third-quarter revenue that beat analyst estimates, driven by demand for its AI products. However, the company's full-year forecast missed targets, renewing investor concerns about the long-term impact of AI on its business model.
10 Sept, 20:11 — 10 Sept, 20:53
The Story
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High (50/100)5 sources33/33
Spectrum spread— 2/5 buckets covered8/33
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Center (3)
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Right (2)
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Geographic diversity— 2 regions9/34
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Sources
Showing 5 of 5 sources
bloombergHigh1h ago
Adobe Forecast Misses Estimates, Renewing Fears About AI Impact
Adobe Inc. gave an outlook for sales that narrowly missed analysts’ estimates, renewing concerns about pressure from artificial intelligence upstarts.
By Brody Ford
Read full article →marketwatchMostly Factual53m ago
Adobe’s latest earnings leave Wall Street wanting more
“In this environment you can’t just meet” expectations, an analyst says
By William Gavin
Read full article →channel-news-asiaMostly Factual1h ago
Adobe beats third-quarter revenue estimates on AI product demand
Read full article →seeking-alphaMixed1h ago
RH Non-GAAP EPS of $2.70, revenue of $922.15M beats by $5.9M
Read full article →investing-com1h ago
Adobe beats third-quarter revenue estimates
By Reuters
Read full article →Coverage Timeline
First report: bloomberg · 10 Sept, 20:11|Full coverage: 5 · 41m|Window: 41m
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