Adobe said revenue for fiscal 2024 Q3 (ended August 30, 2024) was $5.41 billion, up 11% year over year on both an as-reported and constant currency basis. GAAP diluted earnings per share were $3.76, and non-GAAP diluted earnings per share were $4.65.

1. 01

   Adobe said revenue for fiscal 2024 Q3 (ended August 30, 2024) was $5.41 billion, up 11% year over year on both an as-reported and constant currency basis. GAAP diluted earnings per share were $3.76, and non-GAAP diluted earnings per share were $4.65.

2. 02

   The company said Digital Media segment revenue for Q3 was $4.00 billion, up 11% year over year (12% in constant currency), and Digital Experience segment revenue was $1.35 billion, up 10% year over year.

3. 03

   Adobe said net new Digital Media ARR for Q3 was $504 million, and Digital Media ARR at the end of the quarter was $16.76 billion. Remaining performance obligations (RPO) at the end of the quarter were $18.14 billion, and the company said RPO rose 15% from a year earlier.

4. 04

   The company said operating cash flow for Q3 was $2.02 billion and that it repurchased approximately 5.2 million shares during the quarter. Repurchases of common stock in the cash flow statement for the 3 months totaled $2,500 million.

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Original filing

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