Adobe Earnings: A New Growth Strategy

Here's our initial take on Adobe's (ADBE 1.14%) financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$5.2 billion$5.7 billion+10%BeatAdjusted earnings per share$4.48$5.08+13%BeatOperating cash flow$1.2 billion$2.5 billion+111%n/aDigital Media ARR$15.8 billion$17.6 billion+13%n/aFocusing on Customers and AIAdobe beat analyst expectations in the first quarter, delivering 10% revenue growth and much improved operating cash-flow generation. With the creative software industry at risk of ...