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Company raises Digital Media net new ARR and EPS annual targets
SAN JOSE, Calif.–(BUSINESS WIRE)–
Adobe (Nasdaq: ADBE) today reported financial results for its first quarter fiscal year 2023 ended March 3, 2023.
“Adobe drove record Q1 revenue and we are raising our annual targets based on the tremendous market opportunity and continued confidence in our execution,” said Shantanu Narayen, chairman and CEO, Adobe. “Creative Cloud, Document Cloud and Experience Cloud are mission-critical in fueling the global digital economy.”
“Our strong engine of innovation combined with world-class operational rigor drove profitable growth in Q1, setting us up to deliver another strong fiscal year,” said Dan Durn, executive vice president and CFO, Adobe. “Adobe is…
