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Technology
Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results

Summary
Nutrition label
85% Informative
Adobe increased its projections for income and net new recurring revenue from its Digital Media business for the full year.
The company has been dealing with antitrust scrutiny because of its attempted Figma acquisition.
Adobe shares rose 5% in extended trading on Wednesday after the company announced fiscal first-quarter results.
VR Score
92
Informative language
95
Neutral language
65
Article tone
formal
Language
English
Language complexity
36
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links