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Home/News Feed/Adobe beats Q2 revenue estimates but CFO departure shakes investor confidence

ADBE

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Adobe beats Q2 revenue estimates but CFO departure shakes investor confidence

Company Fundamentals

11 Jun 2026

Proactive Investors

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Neutral

Adobe reported Q2 revenue of $6.62 billion, surpassing analyst expectations of $6.45 billion, driven by strong demand for its AI-powered creative tools. Adjusted EPS also beat estimates at $5.96 versus $5.83 expected. However, shares dropped 5.6% after Adobe announced CFO Dan Durn will leave on June 15, with Steve Day stepping in as interim CFO. This adds to leadership uncertainty following CEO Shantanu Narayen's planned departure, overshadowing positive financial results. Adobe projects Q3 revenue and EPS above analyst forecasts, signaling continued growth potential despite executive changes.

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