earnings
confidence high
sentiment positive
materiality 0.85
Adobe Q2 FY2024 revenue record $5.31B, non-GAAP EPS $4.48; guides Q3 rev $5.33-5.37B, announces $25B buyback
ADOBE INC.
2024-Q2 EPS reported
$4.83
revenue$10,491,000,000
- Revenue $5.31B (+11% YoY); GAAP EPS $3.49, non-GAAP EPS $4.48.
- Digital Media revenue $3.91B (+12% YoY); Digital Experience revenue $1.33B (+9% YoY).
- Q3 FY2024 guidance: revenue $5.33-5.37B, non-GAAP EPS $4.50-4.55.
- FY2024 guidance: revenue $21.40-21.50B, non-GAAP EPS $18.00-18.20.
- Board authorized $25B share repurchase program; quarterly dividend $0.05/share.