Adobe (NASDAQ:ADBE) reported record fiscal second-quarter revenue and raised its full-year revenue outlook, while executives outlined a strategic shift toward more aggressive freemium user acquisition across Acrobat, Express and Firefly that is expected to weigh on second-half annual recurring reven
Monthly active users of Acrobat and Express grew from 700 million to over 850 million year-over-year, while monthly active users of freemium creative offerings increased from 50 million to over 90 million.