Earnings
Adobe raises annual outlook as AI gains accompany slower ARR growth
Revenue rose 13% and operating cash flow reached a third-quarter record, while margins narrowed and share repurchases helped earnings per share grow faster than profit.
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Earnings
Revenue rose 13% and operating cash flow reached a third-quarter record, while margins narrowed and share repurchases helped earnings per share grow faster than profit.
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Shantanu Narayen will remain CEO until the transition, then become executive chair; compensation details will follow in an amended filing.
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