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ADOBE BEATS Q3 ESTIMATES ON AI PRODUCT SURGE

Adobe reported third-quarter revenue of $6.76 billion, exceeding Wall Street's $6.7 billion forecast. The company's AI-integrated products drove a 150% year-over-year surge in AI-first annual recurring revenue.

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Adobe reports Q3 revenue up 13% YoY to $6.76B, vs. $6.7B est., AI-first annual recurring revenue up 150% YoY, and forecasts Q4 revenue slightly below estimates (Anzar Mehraj/Reuters)

Anzar Mehraj / Reuters: Adobe reports Q3 revenue up 13% YoY to $6.76B, vs. $6.7B est., AI-first annual recurring revenue…

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