Adobe Inc. (ADBE) functions as a diversified software company internationally. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The stock has gained 1.1% over the past month to close its last trading session at $391.96.
"Adobe achieved record Q2 revenue with strong demand across Creative Cloud, Document Cloud, and Experience Cloud," said Shantanu Narayen, chairman, and CEO. He also said, “We delivered another quarter of strong financial results, with greater than $2 billion in operating cash flows demonstrating the strength of Adobe’s growing revenue streams and financial discipline."
