Adobe Beats Q2 Amid Strong AI Momentum, But Stocks…
From Bloomberg: 2025-06-13 16:53:00
Adobe (NASDAQ:ADBE) exceeded expectations in Q2, prompting a raise in full-year projections. Stock dropped 5% despite positive outlook. Revised forecast now projects adjusted EPS of $20.50-$20.70 and revenue of $23.50-$23.60 billion. Digital media arm expected to bring in $17.45-$17.50 billion. Q3 estimates exceed Wall Street expectations, with revenue at $5.925 billion.
Investor reaction to Adobe’s strong Q2 performance was mixed, with stock dropping 5% despite raised full-year projections. Revised outlook now predicts adjusted EPS of $20.50-$20.70 and revenue of $23.50-$23.60 billion. Digital media arm expected to contribute $17.45-$17.50 billion. Q3 estimates surpass Wall Street expectations, with revenue projected at $5.925 billion.
Adobe’s Q2 revenue reached $5.87 billion, surpassing analyst predictions of $5.8 billion. Full-year projections now anticipate adjusted EPS of $20.50-$20.70 and revenue of $23.50-$23.60 billion. Digital media arm expected to bring in $17.45-$17.50 billion. Q3 estimates exceed Wall Street expectations, with revenue projected at $5.925 billion.
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