NasdaqGS:ADBESoftware
Is Strong Earnings and AI Partnership Changing the Investment Case for Adobe (ADBE)?
Adobe reported second quarter earnings with revenue of US$5.87 billion and net income of US$1.69 billion, highlighted by increased profitability, a completed buyback of 29 million shares for US$14.87 billion, and an expanded AI-driven partnership with Newell Brands to accelerate content production.