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The new mobile app brings features such as text-to-image, generative fill, text effects, and text to template, all now available on mobile devices.
Adobe (NASDAQ: ADBE) recently reported its quarterly results that were ahead of market expectations. However, it provided a weak outlook that sent the stock tumbling 11% in the after-hours trading session. Adobe's Financials Adobe's first quarter revenues grew 11% to $5.18 billion, ahead of the market's estimates of $5.14 billion. Adjusted EPS of $4.48 also beat analyst estimates of $4.38. During the quarter, Digital Media segment revenue grew 12% to $3.82 billion with creative revenue growing 11% to $3.07 billion and Document Cloud revenue growing 18% to $750 million. Net new D...
Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. However, a lesser optimistic outlook for the coming year sent the stock falling 6% in the after-hours trading session. Adobe's Financials Adobe's fourth quarter revenues grew 12% to $5.05 billion, ahead of the market's estimates of $5.03 billion. Adjusted EPS of $4.27 also beat analyst estimates of $4.14. By segment, revenues from the Digital Media segment grew 13% to $3.72 billion with Creative revenue up 12% to $3 billion and Document Cloud up 16% to $721 million. Revenu...
If the FTC finds that Adobe violated the Restore Online Shoppers' Confidence Act, it could be in a for "significant" fine.
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