Adobe raises annual revenue forecast, CFO to exit

Adobe Systems Incorporated

Adobe Systems Incorporated

ADBE

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June 11 (Reuters) - Adobe ADBE.O raised its annual revenue forecast on Thursday, signaling increased adoption of its AI tools and higher subscription spending as the Photoshop maker looks to get ahead in the highly competitive software design industry.

The company expects revenue of between $26.5 billion and $26.6 billion, compared with its earlier forecast of between $25.9 billion and $26.1 billion.

The company also announced the departure of its CFO Dan Durn.


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