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ADBE / Adobe's AI progress in focus as it prepares to release 3Q earnings

Adobe Systems Incorporated (NASDAQ:ADBE) shares are on fire, running up 64% so far in 2023 as it rides the artificial intelligence (AI) wave, and investors will be watching third-quarter earnings closely to see whether they can keep the flame burning. The San Jose, California digital art and marketing software company releases its 3Q report after the closing bell on Thursday and Wall Street analysts expect it to deliver a 17% increase in adjusted earnings per share (EPS) to $3.98 off the back of a 10% rise in revenue to a record $4.82 billion. Read More

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Posted: Sep 13 2023, 14:02

Author Name: Proactive Investors

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