Adobe Non-GAAP EPS of $3.91 beats by $0.12, revenue of $4.82B beats by $50M
Adobe press release (NASDAQ:ADBE): Q2 Non-GAAP EPS of $3.91  beats by $0.12.
Revenue of $4.82B (+9.8% Y/Y)  beats by $50M.
GAAP operating income in the second quarter was $1.62 billion and non-GAAP operating income was $2.18 billion.
Cash flows from operations were $2.14 billion.

Remaining Performance Obligations exiting the quarter were $15.22 billion.
Adobe repurchased approximately 2.7 million shares during the quarter.

Q3 Outlook: Total revenue $4.83 billion to $4.87 billion vs. consensus of $4.86B; Digital Media net new ARR ~$410 million; Digital Media segment revenue $3.55 billion to $3.57 billion; Digital Experience segment revenue $1.21 billion to $1.23 billion; Digital Experience subscription revenue $1.08 billion to $1.10 billion; Non-GAAP Earnings per share $3.95 to $4.00 vs. consensus of $3.88.

2023 Outlook: Total revenue $19.25 billion to $19.35 billion vs. consensus of $19.3B; Digital Media net new ARR ~$1.75 billion; Digital Media segment revenue $14.10 billion to $14.15 billion; Digital Experience segment revenue $4.85 billion to $4.90 billion; Digital Experience subscription revenue $4.30 billion to $4.35 billion; Non-GAAP Earnings per share $15.65 to $15.75 vs. consensus of $15.49.
Shares +1.04%.