Overview
- Adobe reported second-quarter revenue of $5.87 billion and adjusted earnings per share of $5.06, surpassing analyst forecasts of $5.79 billion and $4.96.
- It raised its 2025 revenue guidance to $23.50 billion–$23.60 billion and boosted its adjusted EPS outlook to $20.50–$20.70.
- The stock fell about 7% in early trading on June 13 despite the stronger-than-expected results.
- Adobe said its Firefly AI models have generated more than 24 billion pieces of content and now integrate image-generation tools from OpenAI and Google.
- Analysts warn that monetizing AI investments may take longer than investors expect, tempering enthusiasm for Adobe’s growth prospects.