Adobe’s AI Transformation Drives Record Quarterly Performance

Adobe has delivered a powerful response to market skeptics with quarterly results that significantly surpassed expectations. The software giant’s latest earnings demonstrate that artificial intelligence, once viewed as a potential threat, has become a substantial revenue driver.

For the third quarter, Adobe reported revenue of $5.99 billion, representing an 11 percent increase that comfortably exceeded analyst predictions of $5.91 billion. The company’s earnings per share reached $5.31, outperforming the $5.18 consensus estimate among market experts.

The most significant development came from Adobe’s AI-focused initiatives. The company revealed that its AI-influenced annual recurring revenue has surpassed the $5 billion threshold. Particularly noteworthy is the performance of AI-first products, which achieved their $250 million annual target a full quarter ahead of schedule.

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