Friday, June 15, 2018

Adobe beats with record quarterly revenue of $2.2B vs. $2.16B est. in Q2, up 24% YoY, subscription revenues up 30% YoY, and net income of $663.2M, up 77% YoY (Peter Wells/Financial Times)

Peter Wells / Financial Times:
Adobe beats with record quarterly revenue of $2.2B vs. $2.16B est. in Q2, up 24% YoY, subscription revenues up 30% YoY, and net income of $663.2M, up 77% YoY  —  Adobe Systems sailed past earnings expectations and reported record revenue in its second quarter, with particularly quick sales growth in its cloud business.



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