Also Thursday, Adobe reported record revenue of $4.43 billion, up 13% year over year, and net income of $1.14 billion for its third quarter of fiscal year 2022 ended Sept. 2. Adobe said Figma is ...

Adobe's (ADBE 0.41%) stock sank 17% to its lowest levels in nearly three years on Sept. 15 following its report for the third quarter of fiscal 2022, which ended on Sept. 2.

Adobe Inc agreed on Thursday to acquire cloud-based designer platform Figma for $20 billion, ... 2022 5:23 AM UTC Updated September 16, 2022 Adobe logo is seen on smartphone in this ...

Ehab Bandar, founder at design consultancy Bigtable.co, believes that Adobe was simply threatened by the upstart, which led it to absorb its smaller rival. “Adobe surely felt threatened by Figma ...

Adobe Max 2022 just delivered tons of updates for Photoshop, Lightroom and Premiere Pro – plus some new apps for the Meta Quest Pro. Skip to main content. Open menu Close menu ...

Trefis estimates Adobe’s fiscal Q4 2022 revenues to be around $4.56 billion, 1% above the $4.53 billion consensus estimate. (2) EPS is expected to be in line with the consensus estimates.

After all, 50 times sales would have been an eyebrow-raiser in 2021, let alone in the current bear market of 2022. But Figma specializes in collaborative product design, a key component of Adobe's ...

Adobe stock decreased 0.9% over the last ten trading days (two weeks), compared to a broader market (S&P500) loss of 5.8%; A change of -0.9% or more over ten trading days is a 30% likelihood event ...

Adobe Lightroom 2022 has arrived, and the latest features are all about making it easier to select people or objects to adjust their colors or remove them completely. The key features, AI-powered ...

Photoshop is getting some new collaboration tools and AI capabilities to help remove some of the more tedious parts of image editing. Announced at Adobe Max 2022, these new features include ...

Even when the FTC launched a probe in 2022 specifically indicating that Adobe's practices may be illegal, Adobe did nothing to address the alleged harm to consumers, the FTC complaint noted.