$ADBE+0.1% Adobe released results for the third quarter of fiscal year 2023. The company achieved record quarterly net recurring digital media revenue growth of $464 million. Total revenue was $4.89 billion, up 10% year-over-year, or 13% in constant currencies. Net earnings per share even increased more than 20% year-over-year. Now they're also starting to dabble in AI.

ADBE

Adobe

ADBE
$566.54 $0.83 +0.15%
Capital Structure
Market Cap
250.8B
Enterpr. Val.
248.5B
Valuation
P/E
50.8
P/S
12.2

The results are nice, but the stock is down. Thanks for the recap :)

Very nice results, but despite this, investors are sending the stock price down. At least now in the premarket. The price has slipped 2%.

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