“We're pleased to once again raise our FY '25 revenue and EPS targets.”

In context

“faster, create standout content and collaborate more seamlessly. The new Acrobat Studio includes PDF spaces which transforms collections of PDFs, web pages and other files into dynamic knowledge hubs that help people work smarter and faster using AI assistant to derive insights. We're seeing steady growth across our family of Acrobat and Express products with combined monthly active users growing approximately 20% year-over-year. Adobe is the leader in the AI Creative Applications category. Our AI influenced ARR has now surpassed $5 billion, up from over $3.5 billion exiting fiscal year 2024 and we've already surpassed our full year AI-first ending ARR target. Given our customer-focused growth strategy, product innovation and strong go-to-market execution and the momentum in our business. We're pleased to once again raise our FY '25 revenue and EPS targets. I'll now turn it over to David and Anil to discuss the momentum in our business. David Wadhwani: Thanks, Shantanu. Hello, everyone. In Q3, Digital Media achieved revenue of $4.46 billion, which grew 11% year-over-year. We exited the quarter with $18.59 billion of Digital Media ARR, growing ending ARR 11.7% year-over-year. Our Business Professionals and Consumers customer group had another strong quarter. The introduction of Acrobat AI Assistant brought a new conversational interface that enhances the experience of customers consuming PDFs. This unlocks increased comprehension across trillion of PDFs in the world. We continue to see accelerated use of AI assistant desktop, web and mobile. Our vision is to harness the power of generative AI and conversational experiences to fundamentally re”