Adobe (ADBE) earnings Q4 2022


Shantanu Narayen, CEO, Adobe

Mark Neuling | CNBC

Adobe shares rose 6% in extended trading on Thursday after the design software maker announced fiscal fourth-quarter earnings and guidance that exceeded analysts’ expectations.

Here’s how the company did:

  • Earnings: $3.60 per share, adjusted, vs. $3.50 per share as expected by analysts, according to Refinitiv.
  • Revenue: $4.53 billion, vs. $4.53 billion as expected by analysts, according to Refinitiv.

Total revenue grew 10% year over year in the quarter, which ended on Dec. 2, according to a statement. In the previous quarter revenue rose by 13%. Net income, at $1.18 billion, was down slightly from $1.23 billion in the year-ago quarter.


Source cnbc.com

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