Adobe Systems (ADBE) Tops Q2 EPS by 7c
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Adobe Achieves Record Revenue
June 20, 2017 4:05 PM EDTAdobe Creative Revenue Exceeds $1 Billion in Q2
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2017 ended June 2, 2017.
Financial Highlights
Adobe achieved record quarterly revenue of $1.77 billion in its second quarter of fiscal year 2017. Diluted earnings per share was $0.75 on a GAAP-basis, and $1.02 on a non-GAAP basis. Digital Media segment revenue was $1.21 billion, with Creative revenue growing to a record $1.01 billion. Strong Creative Cloud and Document Cloud adoption and... More