Reported about 9 hours ago
Adobe's first quarter exceeded expectations with adjusted EPS at $5.08 and revenue at $5.71 billion. Wolfe Research's Alex Zukin emphasizes the need for Adobe to demonstrate AI-driven growth metrics to regain investor confidence, highlighting its unique combination of content creation and marketing tools as a competitive advantage in the AI market. The focus should be on communicating how AI is contributing to growth without hindering earnings.
Source: YAHOO