Adobe (NASDAQ:ADBE) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.83 on revenue of $2.74B. Analysts polled by anticipated EPS of $1.78 on revenue of $2.7B. That compared to EPS of $1.66 on revenue of $2.2B in the same period a year earlier. The company had reported EPS of $1.71 on revenue of $2.6B in the previous quarter.
Adobe follows other major Technology sector earnings this month
On June 4, Salesforce.com reported first quarter EPS of $0.93 on revenue of $3.74B, compared to forecasts of EPS of $0.61 on revenue of $3.69B.
Broadcom earnings beat analysts' expectations on June 13, with second quarter EPS of $5.21 on revenue of $5.52B. analysts expected EPS of $5.19 on revenue of $5.68B
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