6/17, 10:08 PM (Source: TeleTrader)
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Adobe's Q2 revenue soars 23% to $3.84 billion

Adobe Inc. posted on Thursday its second-quarter earnings report for fiscal 2021, reporting a surge of 23% in revenue which reached $3.84 billion. The company's diluted earnings per share stood at $2.32, with operating income at $1.41 billion and net income at $1.12 billion.

"Adobe had an outstanding second quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform work, learn and play in a digital-first world," CEO Shantanu Narayen noted in the report.

Adobe's stocks rose 1.93% in the after-hours trading to sell for $562 per share following the earnings announcement.

Breaking the News / ND