About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

5 Insightful Analyst Questions From Adobe’s Q3 Earnings Call

By: StockStory

ADBE Cover Image

Adobe’s third quarter was marked by double-digit revenue growth and a positive market reaction, driven by strong adoption of AI-infused products and rising demand across its core creative and digital experience segments. Management attributed the performance to rapid integration of generative AI into flagship offerings such as Photoshop, Illustrator, and Acrobat, as well as successful launches like Acrobat Studio and Firefly. CEO Shantanu Narayen highlighted that “AI represents a tectonic technology shift and presents the biggest opportunity for Adobe in decades,” pointing to accelerating product usage and adoption from both creative professionals and business users.

Is now the time to buy ADBE? Find out in our full research report (it’s free).

Adobe (ADBE) Q3 CY2025 Highlights:

  • Revenue: $5.99 billion vs analyst estimates of $5.90 billion (10.7% year-on-year growth, 1.4% beat)
  • Adjusted EPS: $5.31 vs analyst estimates of $5.18 (2.5% beat)
  • Adjusted Operating Income: $2.77 billion vs analyst estimates of $2.69 billion (46.3% margin, 2.9% beat)
  • Revenue Guidance for Q4 CY2025 is $6.1 billion at the midpoint, roughly in line with what analysts were expecting
  • Management raised its full-year Adjusted EPS guidance to $20.83 at the midpoint, a 1.1% increase
  • Operating Margin: 36.3%, in line with the same quarter last year
  • Annual Recurring Revenue: $18.59 billion
  • Billings: $6.19 billion at quarter end, up 10% year on year
  • Market Capitalization: $153.6 billion

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Adobe’s Q3 Earnings Call

  • Keith Weiss (Morgan Stanley) asked about Adobe’s differentiation in AI model integration and potential risks from ad platforms building their own AI. President David Wadhwani explained the strategy of offering choice and integration, while CEO Shantanu Narayen emphasized Adobe’s ability to blend multiple AI models within its applications.
  • Bradley Sills (Bank of America) inquired about which AI-first products drove upside in annual recurring revenue. Narayen pointed to broad momentum across Firefly, Acrobat AI Assistant, and GenStudio, noting that the company quickly exceeded its $250 million AI-first ARR target.
  • Tyler Radke (Citi) raised questions about the impact of pricing and migration to Creative Cloud Pro. Narayen responded that migration was strong and broad-based, with strength across all creative segments rather than just from price changes.
  • Mark Moerdler (Bernstein Research) questioned whether AI adoption would shift Creative Cloud revenue from seat-based to consumption-based models. Narayen and Wadhwani said both seat expansion and automation are growth drivers, with AI being monetized through integrated software and value-based pricing.
  • Michael Turrin (Wells Fargo Securities) asked about margin sustainability given increased AI adoption. CFO Daniel Durn described ongoing productivity initiatives in AI infrastructure and margin management, highlighting the company’s focus on cost optimization and operational efficiency.

Catalysts in Upcoming Quarters

In the coming quarters, the StockStory team will be closely monitoring (1) the adoption rate and monetization of new AI-powered product tiers, particularly the LLM Optimizer and expanded Firefly offerings; (2) the impact of Creative Cloud Pro and Acrobat Studio rollouts on subscription upgrades and customer retention; and (3) continued enterprise uptake of GenStudio and Firefly Services for content automation. Execution on these initiatives will be critical to sustaining growth.

Adobe currently trades at $363.55, up from $350.82 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it’s free).

High-Quality Stocks for All Market Conditions

When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that’s already erased most losses.

Don’t let fear keep you from great opportunities and take a look at Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

More News

View More
Clearway Energy’s Price Dip: 3 Reasons It’s a Signal to Buy
Via MarketBeat
Tickers CWEN
Biotech Breakouts: 3 Stocks With Massive Upside Potential
Via MarketBeat
Tickers IBRX MAZE VKTX
Powering Up: A Buy Rating Signals GE Vernova's AI Tailwinds
Via MarketBeat
Topics Artificial Intelligence Economy Energy
Tickers GEV
The Side of Rate Cuts Nobody Is Telling You About
Via MarketBeat
Topics Bonds Economy
Tickers CLSK IAU MP SPY TLT
Dave & Buster’s Stock: Is Now the Time to Make a PLAY?
Via MarketBeat
Tickers PLAY
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.