Adobe (ADBE) delivered fiscal second-quarter earnings that topped analysts’ expectations as sales climbed to a record high, and raised its full-year outlook.
The Creative Cloud developer posted record quarterly revenue of $5.87 billion, up 11% year-over-year and above the analyst consensus from Visible Alpha. Its adjusted net income of $2.17 billion, or $5.06 per share, rose from $2.02 billion, or $4.48 per share, in the year-ago quarter, beating estimates.
The gains came as Adobe’s Digital Media arm, which includes Creative Cloud subscriptions, saw its revenue rise 11% to $4.35 billion, exceeding analysts’ expectations.
Looking ahead, Adobe raised its full-year revenue outlook to $23.5 billion to $23.6 billion from $23.3 billion to $23.55 billion. It sees adjusted earnings per share of $20.50 to $20.70, compared to $20.20 to $20.50 previously. The tech giant projected third-quarter adjusted earnings of $5.15 to $5.20 per share on revenue of $5.88 billion to $5.93 billion, above consensus projections.
Adobe shares ticked 1% lower in after-hours trading following the release. The stock was down about 7% for 2025 through Thursday’s close.
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