Adobe reports Q4 revenue up 12% YoY to $5.05B, vs. $5.03B est., Digital Media revenue up 13% YoY to $3.72B, FY 2024 revenue guidance below est.; ADBE drops 6%+ (Jordan Novet/CNBC)

December 13, 2023

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Jordan Novet / CNBC:

Adobe reports Q4 revenue up 12% YoY to $5.05B, vs. $5.03B est., Digital Media revenue up 13% YoY to $3.72B, FY 2024 revenue guidance below est.; ADBE drops 6%+ — – Adobe’s fiscal fourth-quarter results surpassed expectations, but guidance for fiscal 2024 trailed estimates.

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