Shares of Adobe (ADBE) took off on Friday as excitement over its use of 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) boosted demand for its products.

The maker of Photoshop and other creative software reported record second quarter revenue of $4.82 billion, a gain of 9.8%, with earnings per share (EPS) coming in at $3.91. Both were better than expected. 

CEO Shantanu Narayen indicated the results reflected strong demand across Adobe's Creative Cloud, Document Cloud, and Experience Cloud units. He added that the firm's “ground-breaking innovation positions us to lead the new era of generative AI given our rich datasets, foundation models, and ubiquitous product interfaces.”

The company predicted current quarter sales to be $4.83 billion to $4.97 billion, and full-🥂year sales of $19.25 billion to $19.35 billion. Those were also more than analysts’ estimates.

N💦arayen indicated that Adobe believes “generative AI will drive both further accessibility and adopt🍌ion of our products.”

Adobe shares were up about 2% and trading at a 16-month high at midday on Friday.