Reported 7 months ago
According to a report from June 14, 2024, at 4:10 PM, Adobe, a US software company, announced its second-quarter fiscal results ending in May, exceeding expectations and leading to a rise in stock prices. Adobe's Q2 revenue was $5.31 billion, up 10% from the same period last year and surpassing forecasts, with digital media and digital experience businesses performing exceptionally well. The CFO, Dan Durn, attributed their success to cloud innovations that enhance productivity for customers. Although no specific data on AI's revenue impact was provided, the increasing use of Firefly AI was highlighted, achieving a record number of image generations in May.
Source: YAHOO