For the quarter ended November 2024, Adobe Systems (ADBE) reported revenue of $5.61 billion, up 11.1% over the same period last year. EPS came in at $4.81, compared to $4.27 in the year-ago quarter.
In addition, Adobe faces growing competition from rivals in the artificial intelligence industry, such as Stability AI Inc., OpenAI and Midjourney Inc., which all provide access to tools that can ...