Tech content trusted by users in North America and around the world
6,793 Reviews & Articles | 46,922 News Posts
TRENDING NOW: AMD rumored to launch its dual-GPU next month, the Radeon R9 Fury X2

Adobe beats expectations with $1.011B in revenue, $0.36 EPS

Adobe beats Q2 expectations, but just barely
| Business, Financial & Legal News | Posted: Jun 18, 2013 11:03 pm

Adobe has performed better than expectations by posting second-quarter revenues of $1.011 billion and earnings-per-share of $0.36. Analysts had predicted that Adobe would post earnings-per-share of just $0.34 on $1 billion in revenue. While not massively higher than expectations, it is good news for Adobe that they performed better than expectations.




Creative Cloud seems to be the highlight in the earnings report. Adobe reported that they had 700,000 paid Creative Cloud members, up from the 479,000 reported during the first-quarter earning's report.


It's important for Adobe to continue adding Creative Cloud subscribers as Adobe has transitioned the Creative suite to a cloud-only subscription model.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases