Adobe Inc. reported on Wednesday its revenue in the first quarter of 2025 amounted to $5.7 billion, rising 10% compared to the same period a year earlier and matching estimates. Subscription revenue was up 11.5% to $5.5 billion, while product revenue and services and other revenue declined...
Adobe Inc. announced on Tuesday that it is launching Photoshop for mobile devices, with the iPhone app available as of today, and the app for Android devices coming later this year.The new mobile app will offer users both a free and paid version that will allow them to use imaging and design tools...
Adobe Inc. announced on Wednesday that its total revenue increased by 11% compared to the year prior reaching $5.61 billion in its fourth fiscal quarter of 2024.The computer software company's net income in the fourth semester stood at $1.68 billion, a 13% increase when compared to the...
The upcoming week will see its fair share of financial insights, starting with Oracle's second-quarter results on Monday and ending with Costco and Broadcom on Thursday.Tuesday, investors will be looking at GameStop's third-quarter results, with the company's revenue in the second quarter of the...
Adobe announced on Tuesday the release of its new Adobe Content Authenticity web app, aimed at safeguarding creators' content. The free app, which launches in early 2025, allows users to attach "Content Credentials" to digital works, providing metadata that ensures attribution and prevents...
Adobe Inc. revealed on Thursday that its total revenue rose by 11% year on year to reach $5.41 billion in its third fiscal quarter of 2024.Third-trimester gross profit also increased by 11% on an annualized basis and totaled $4.8 billion, with operating income moving 18% up to $1.9 billion and net income...
Adobe Inc. said on Monday that the United States Federal Trade Commission's (FTC) allegations regarding the company's deceptive subscription terms and cancellation practices are baseless."Subscription services are convenient, flexible and cost effective to allow users to choose the plan that best fits...
The United States Federal Trade Commission (FTC) announced on Monday that it decided to take action against Adobe Inc. and two of its executives for tricking consumers by concealing the early cancellation fee of its most popular subscription plan and complicating the cancellation of their...
Adobe Inc. surged more than 15% on Thursday's after-hours following the publication of its latest earnings report.
The move comes as the company's revenue increased by 10.4% from a year earlier to $5.31 billion, surpassing the estimated $5.29 billion. The adjusted earnings per share stood at $4.48...
Adobe Inc. revealed on Thursday that its total revenue increased by 10.4% year on year to reach $5.3 billion in its second fiscal quarter of 2024.
Second-trimester gross profit rose by 9.3% on an annualized basis and totaled $4.7 billion, with operating income moving 16% up to $1.8 billion....
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