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Investors, who have been looking for more convincing evidence that Adobe Inc. can prosper in the age of artificial intelligence, were unimpressed despite the company’s optimistic annual projection.
According to a statement released by the corporation on Wednesday, revenue for the fiscal year ending in November 2026 will be between $25.9 billion and $26.1 billion. Some analysts had projected revenues of above $26.4 billion, but the midpoint of that range exceeded the average projection.
According to Chief Executive Officer Shantanu Narayen, Adobe’s…
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