The consensus EPS estimate of $3.35 represents a 7.7% improvement year-over-year for the third quarter ending August 2022. The company’s non-GAAP EPS rose 10.6% year-over-year to $3.35.Īnalysts expect ADBE’s revenue to increase 12.9% year-over-year to $4.44 billion for the third quarter ending August 2022. Its non-GAAP operating income grew 12% from its year-ago value to $1.97 billion, while its non-GAAP net income amounted to $1.59 billion, up 8.9% from the prior-year quarter. With so many touchpoints, the ADBE partnership will provide comprehensive insights into the customer journey.ĪDBE’s total revenue increased 14.4% year-over-year to $4.39 billion for the second quarter ended June 3, 2022. As part of the company’s interconnected retail strategy, a smooth experience extends across e-commerce, an award-winning mobile app, and in-store services such as pickup lockers and an in-app product locator. As businesses across all industries adopt Adobe Real-Time CDP, ADBE introduces enriched customer profiles with commerce, AI-powered targeting, new privacy and security tools, and Segment Match across channels.Īlso, last month ADBE expanded its partnership with The Home Depot to improve the customer experience. Last month, ADBE announced innovations for its customer data platform (CDP), Adobe Real-Time CDP, to help brands transition from third-party cookies to first-party data. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising.
#AUTODESK CIVIL 3D 2022 FUNDAMENTALS SOFTWARE#
( GILD ).ĪDBE functions as a diversified software company internationally.
So, we think it could be wise to invest in fundamentally sound Nasdaq 100 stocks Adobe Inc. Better-than-expected corporate earnings could help Nasdaq 100 stay resilient near term. GDP contracting 0.9% for the second straight quarter. The stock market rallied yesterday despite the U.S. This marked Nasdaq’s biggest rally since November 2020. The Nasdaq 100 gained more than 4% after the Federal Reserve announced a 75 basis-point interest rate hike in response to the multi-decade high inflation for the second straight month. Therefore, it could be wise to invest in fundamentally sound Nasdaq 100 stocks Adobe (ADBE), Autodesk (ADSK), Dollar Tree (DLTR), and Gilead Sciences (GILD). This, along with better-than-expected corporate earnings, should help the index stay resilient in the near term.
The Nasdaq 100 surged after the Fed announced a 75 basis-point rate hike for the second straight month and hinted at pausing the policy tightening depending on economic data.
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