Adobe beats Q1 expectations with revenue of $3.09B, up 19% YoY, and earnings of $955M, compared to $674M a year ago; subscription revenue was $2.83B, up 22.5% (Natalie Gagliordi/ZDNet)

Natalie Gagliordi / ZDNet:
Adobe beats Q1 expectations with revenue of $3.09B, up 19% YoY, and earnings of $955M, compared to $674M a year ago; subscription revenue was $2.83B, up 22.5%  —  The company expects enterprise customers to defer bookings, delay consulting services and cut spending amid the worsening global pandemic.


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