Adobe Non-GAAP EPS of $4.09 beats by $0.11, revenue of $4.89B beats by $20M
Adobe press release (NASDAQ:ADBE): Q3 Non-GAAP EPS of $4.09  beats by $0.11.
Revenue of $4.89B (+10.4% Y/Y)  beats by $20M.
Company achieves record Q3 net new Digital Media ARR of $464 million
Company delivers EPS growth exceeding 20 percent year over year.

Cash flows from operations were $1.87 billion.
Remaining Performance Obligations exiting the quarter were $15.72 billion.
Adobe repurchased approximately 2.1 million shares during the quarter.

Q4 Outlook: Total revenue $4.975 billion to $5.025 billion vs. consensus of $5B; Digital Media net new ARR ~$520 million; Digital Media segment revenue $3.67 billion to $3.70 billion; Digital Experience segment revenue $1.25 billion to $1.27 billion; Digital Experience subscription revenue $1.11 billion to $1.13 billion; Non-GAAP Earnings per share $4.10 to $4.15 vs. consensus of $4.06.
Shares +1.78%.


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