business
Adobe's outgoing CEO makes CEO big bet on the future
Key takeaways
- Adobe just learned that lesson the hard way, watching its shares slide even as it broke financial records.
- Adobe (ADBE) posted record revenue of $6.62 billion in its second fiscal quarter of 2026, beating analyst expectations on both earnings and sales.
- Adobe makes most of the software the creative world runs on: Photoshop, Acrobat, Premiere Pro, and Illustrator.
Adobe's outgoing CEO makes CEO big bet on the future Opeyemi Babalola Mon, June 15, 2026 at 11:09 PM GMT+7 5 min read ADBE Wall Street routinely punishes companies for doing exactly what they are supposed to do: build for the long term. Adobe just learned that lesson the hard way, watching its shares slide even as it broke financial records.
Adobe (ADBE) posted record revenue of $6.62 billion in its second fiscal quarter of 2026, beating analyst expectations on both earnings and sales. The stock fell sharply the next day to a fresh 52-week low. The gap between those two facts is not a contradiction. It is the whole story.
Adobe makes most of the software the creative world runs on: Photoshop, Acrobat, Premiere Pro, and Illustrator.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop