Adobe: Q3 EPS above estimates
(CercleFinance.com) - On Tuesday evening the software publisher Adobe unveiled Q3 adjusted EPS that is up 25% at 2.
57 dollars, about fifteen cents above the consensus.
Up 14%, its revenues reached a record of 3.23 billion dollars, with in particular a 19% increase in the revenues of its digital media segment, in a difficult macroeconomic environment.
For the current quarter, Adobe expects adjusted EPS of approximately 2.64 dollars and revenues of approximately 3.35 billion dollars, with revenue growth of approximately 18% in the digital media segment.
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