Adobe Sees FY24 Digital Experience Subscription Revenue $4.775B-$4.825B, Digital Media Segment Revenue $15.80B-$15.85B, Digital Experience Segment Revenue $5.325B-$5.375B
Portfolio Pulse from Benzinga Newsdesk
Adobe has provided its financial outlook for FY24, projecting Digital Experience subscription revenue between $4.775 billion and $4.825 billion, Digital Media segment revenue between $15.80 billion and $15.85 billion, and Digital Experience segment revenue between $5.325 billion and $5.375 billion.
June 13, 2024 | 8:07 pm
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POSITIVE IMPACT
Adobe has provided a positive financial outlook for FY24, with strong revenue projections across its Digital Experience and Digital Media segments.
The positive revenue projections for FY24 across Adobe's key segments indicate strong business performance and growth potential, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100