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Adobe sees Q2 tax rate 18.5%
The Fly

Adobe sees Q2 tax rate 18.5%

Says preparing for Figma integration as working through regulatory process. Says transaction on track for close at end of 2023. Says Q1 was a strong quarter for Creative Cloud. Says given the strong Q1, the demand for products and innovation roadmap, pleased to raise FY23 Digital Media net new ARR target. Comments and guidance taken from Q1 earnings conference call.

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