Adobe Non-GAAP EPS of $3.37 beats by $0.03, revenue of $4.26B beats by $20M

Mar. 22, 2022 4:06 PM ETAdobe Inc. (ADBE)By: Gaurav Batavia, SA News Editor28 Comments
  • Adobe press release (NASDAQ:ADBE): FQ1 Non-GAAP EPS of $3.37 beats by $0.03.
  • Revenue of $4.26B (+9.0% Y/Y) beats by $20M.
  • Document Cloud ARR Surpasses $2 Billion Exiting the Quarter.

  • Q2 Outlook: Revenue of $4.34B vs. the consensus of $4.40B, GAAP EPS of $2.44 and Non-GAAP EPS of $3.30 vs. $3.35 consensus.
  • Digital Media annualized recurring revenue of $440Mo of net new ARR.

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