Adobe: Q2 above estimates

(CercleFinance.com) - On Thursday evening Adobe Systems reported Q2 EPS that was up 77% at 1.
33 dollar.
Adjusted EPS reached 1.66 dollar, 12 cents above the consensus.

The California software publisher's revenue rose 24% to a record 2.2 billion dollars, including 1.55 billion dollars for its digital media division, which includes its Creative Cloud suite.

“Adobe delivered record revenue with strong earnings and cash flow, and we expect our momentum to continue in the second half of fiscal 2018," said John Murphy, executive vice president and CFO, Adobe.



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