Adobe (ADBE) has consistently remained a market leader in the Digital Media space. Solid demand for its cloud offerings, namely, Creative Cloud, Document Cloud, and Adobe Experience Cloud products are aiding the company’s top-line growth. Increasing revenues from subscription, robust demand for online video creation, solid adoption of its most successful product —Acrobat, and consistent improvement in average revenue per user remain major tailwinds for the company. Adobe’s strong market position, powerful product lines, and continued innovations are further positives. The company released its third-quarter fiscal 2021 results on September 21. It saw a 22% year-over-year increase in revenues and a 21% year-over-year increase in non-GAAP earnings per share.
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Adobe (NASDAQ:ADBE)
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Adobe (NASDAQ:ADBE)
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