Adobe (NASDAQ:ADBE) Posts Q2 Sales In Line With Estimates, S

Adobe (NASDAQ:ADBE) Posts Q2 Sales In Line With Estimates, Stock Jumps 12.6%

Creative software maker Adobe (NASDAQ:ADBE) reported results in line with analysts' expectations in Q2 CY2024, with revenue up 10.2% year on year to $5.31 billion. On the other hand, the company expects next quarter's revenue to be around $5.36 billion, slightly below analysts' estimates. It made a non-GAAP profit of $4.48 per share, improving from its profit of $2.82 per share in the same quarter last year.

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