Adobe Gives Strong Outlook, Showing Payoff From AI Features
The Adobe Photoshop CC software start-up screen.
Photographer: Daniel Acker/BloombergAdobe Inc. gave a strong quarterly revenue outlook, suggesting that the software maker is seeing a payoff from its investment in AI features.
Sales will be about $6.08 billion to $6.13 billion in the period running through November, the company said Thursday in a statement. Analysts, on average, estimated a number at the bottom of that range.