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Adobe Gives Strong Outlook, Showing Payoff From AI Features

(Bloomberg) — Adobe (ADBE) Inc. gave a strong quarterly revenue outlook, suggesting that the software maker is seeing a payoff from its investment in AI features. Most Read from Bloomberg Sales will be about 6.08billionto6.08 billion to 6.13 billion in the period running through November, the company said Thursday in a statement. Analysts, on average, estimated a number at the bottom of that range. Profit, excluding some items, will be 5.35to5.35 to 5.40 a share, compared with the average projection of $5.33. The San ...