Adobe: EPS up 13% in Q1

(CercleFinance.com) - Software publisher Adobe reports adjusted EPS (non-GAAP) of $5.
08 and adjusted operating profit of $2.72 billion for its first quarter 2024-25, up 13% and 10% respectively year-on-year.

At $5.71 billion, revenues were up 10% (+11% at constant exchange rates). Our continued innovation and diversified go-to-market strategy underpinned a record first quarter," comments CEO Shantanu Narayen.

Our customer-centric strategy, first-class product portfolio and strong cash flow position position us for long-term sustainable growth and increased market share gains," adds CFO Dan Durn.

Adobe confirms annual target ranges of $20.20-20.50 for adjusted EPS and $23.30-23.55 billion for revenues (including $4.95-five and $5.77-5.82 billion respectively for the current quarter).

Copyright (c) 2025 CercleFinance.com. All rights reserved.