Company news: Adobe’s (ADBE) quarterly results beat analysts’ expectations

Adobe (ADBE) reported Q2 FY2025 earnings of $5.06 per share (versus $4.48 per share in Q2 FY2024), beating analysts’ consensus estimate of $4.97 per share.

The company’s quarterly revenues amounted to $5.870 bln (+10.6% y/y), beating analysts’ consensus estimate of $5.799 bln.

The company issued guidance for Q3 FY2025, seeing EPS of $5.15-$5.20 versus analysts’ consensus estimate of $5.11 and revenues of $5.875-$5.925 bln versus analysts’ consensus estimate of $5.88 bln.

It also raised guidance for FY2025 and now sees EPS of $20.50-$20.70 versus prior guidance of $20.20-$20.50 and analysts’ consensus estimate of $20.39 and revenues of $23.50-$23.60 bln versus prior guidance of $23.30-$23.55 bln and analysts’ consensus estimate of $23.45 bln.

ADBE fell to $405.80 (-1.90%) in pre-market trading.