Adobe shares soar 17% on better-than-expected results
Publishing timestamp: 2024-06-13 18:08:46
Summary
Adobe surpassed earnings and revenue expectations, with strong growth in Digital Media revenue. Shares jumped 17% in extended trading. The company also raised its full-year guidance and is seeing success in AI functionality across its various business segments.
Sentiment: POSITIVE
Tickers: ADBE,
Keywords: breaking news: earnings, adobe inc., business, technology, enterprise, business news, earnings, breaking news: technology,
Source: https://www.cnbc.com/2024/06/13/adobe-adbe-q2-earnings-report-2024.html