Adobe Reports Robust Q3, Raises Guidance — Stock Falls Anyway - Adobe (NASDAQ:ADBE)

Adobe shares slip as Q4 revenue guidance falls short despite a Q3 beat - SiliconANGLE

Adobe beat Q3 with $6.76B revenue and $650M AI-first ARR, but Q4 guidance came in below consensus expectations. The conservative outlook reflects concerns over freemium user monetization despite 1B MAU, impacting expectations for AI revenue scaling and margin recovery.