Adobe's Q3 revenue of $6.76 billion exceeded expectations, with AI driving monthly active users past 1 billion, but its Q4 guidance fell short, causing a roughly 2% drop in after-hours trading.
Adobe announced its third-quarter fiscal year 2026 results, with revenue reaching $6.76 billion, a 13% year-over-year increase, exceeding market expectations of $6.7 billion. Non-GAAP diluted earnings per share were $6.13, above the anticipated $6.08. The company also raised its full-year guidance and announced that monthly active users for its Creative and Productivity Solutions surpassed 1 billion for the first time. However, the company's revenue guidance for the fourth quarter was slightly below analysts' expectations, leading to an approximately 2% drop in share price after hours.
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