It also unveiled its Sensei GenAI across Adobe Experience Cloud, which allows businesses to generate content that is safe for commercial use, as well as reimagine end-to-end marketing workflows.Īdobe’s efforts to strengthen its portfolio are expected to benefit its Digital Experience. Also, Adobe’s initiatives to expand its offerings that aim at equipping customers with advanced DEP applications are noteworthy.Īdobe recently introduced a family of creative generative AI models named Adobe Firefly that enables content creators to use their words, images, audio, vectors, videos and 3D.

Digital Experience Segment in FocusĪdobe’s growing customer relationships are attributed to its reliable and efficient Digital Experience portfolio. The consensus mark for earnings is projected at $3.77 per share, indicating growth of 12.5% from the year-ago quarter’s reported figure. In the first quarter of fiscal 2023, Adobe’s total revenues were $4.66 billion, up 9% on a reported basis and 13% on a constant-currency basis.įor the second quarter of fiscal 2023, Adobe projects total revenues between $4.75 and $4.78 billion.įor second-quarter fiscal 2023, the Zacks Consensus Estimate for revenues is pegged at $4.76 billion, indicating growth of 8.5% from the year-ago quarter’s reported quarter. The consistent expansion in the customer base is benefiting ADBE’s top-line growth. Qualcomm selected Adobe Experience Cloud to deliver personalized experiences, gain deeper insights, and ensure relevant content and services across the entire customer journey. Quote Expanding Customer BaseĪdobe’s expanding clientele has been a major factor driving top-line growth.Īpart from GM, Petco recently integrated Adobe Experience Cloud enterprise applications to enhance consumer engagement and provide them with personalized experiences to navigate the journey of pet parenthood.

Adobe substance price