Adobe Fiscal Q4 Non-GAAP EPS, Revenue Increase; Issues Q1 Outlook

Adobe (ADBE) reported fiscal Q4 non-GAAP earnings late Wednesday of $4.27 per diluted share, up from $3.60 a year earlier.

Analysts polled by Capital IQ expected $4.14.

Revenue for the quarter ended Dec. 1 was $5.05 billion, up from $4.53 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.02 billion.

The company said it expects Q1 non-GAAP EPS between $4.35 and $4.40 and revenue between $5.10 billion and $5.15 billion.

Analysts surveyed by Capital IQ expect $4.26 and $5.15 billion, respectively.

Adobe expects fiscal 2024 non-GAAP EPS between $17.60 and $18.00 and revenue between $21.30 billion and $21.50 billion.

Analysts surveyed by Capital IQ expect $17.98 and $21.73 billion, respectively.

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