04:42 PM EDT, 09/11/2025 (MT Newswires) -- Adobe (ADBE) late Thursday reported stronger-than-expected fiscal third-quarter results, driven by revenue growth in digital media and experience.
The software maker's adjusted earnings per share rose to $5.31 in the three months ended Aug. 29 from $4.65 a year earlier, compared with the FactSet-polled consensus of $5.18. Revenue jumped 11% to $5.99 billion, higher than Wall Street's $5.92 billion view.
Shares were up 4.3% in after-hours trade.
The digital media segment's revenue rose 12% to $4.46 billion. Digital experience sales increased 9% to $1.48 billion, with subscription gaining 11%.
Adobe expects full-year adjusted EPS of $20.80 to $20.85, compared with $20.50 to $20.70 previously expected. Revenue is seen at $23.65 billion to $23.70 billion, up from the prior outlook of $23.50 billion to $23.60 billion. Analysts are modeling for $20.60 in full-year non-GAAP EPS and $23.57 billion in sales.
For the fourth quarter, Adobe projected adjusted EPS of $5.35 to $5.40 on revenue between $6.08 billion to $6.13 billion. The market consensus indicates $5.34 and $6.09 billion, respectively.
RBC Capital Markets recently expected Adobe to deliver "solid" third-quarter results, though it flagged competitive pressures around generative artificial intelligence monetization as a key investor concern.
"Investor sentiment has dropped in (the third quarter), unable to hold the momentum that had started to build into (second-quarter) earning as investors remain focused on long-term market and competitive dynamics for GenAI," RBC analysts, including Matthew Swanson, said in a note emailed Monday.