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Adobe Systems Inc (ADBE.OQ)

ADBE.OQ on NASDAQ Stock Exchange Global Select Market

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22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Cision Ltd Hires Pritham Shetty As Chief Technology Officer
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Adobe Systems Inc ::CISION LTD - ANNOUNCED IT HAS HIRED PRITHAM SHETTY AS CHIEF TECHNOLOGY OFFICER.CISION LTD - PRITHAM MOST RECENTLY SERVED AS SENIOR VICE PRESIDENT OF PRODUCT AND TECHNOLOGY AT GUIDESPARK.CISION LTD - SHETTY IS A FORMER EXECUTIVE AT ADOBE.  Full Article

Adobe Systems Q1 Non-GAAP EPS About $1.27
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Adobe Systems Inc ::SEES Q1 NON-GAAP EARNINGS PER SHARE ABOUT $1.27.SEES Q1 ADOBE TOTAL REVENUE ABOUT $2.040 BILLION.Q1 EARNINGS PER SHARE VIEW $1.24 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $2.04 BILLION -- THOMSON REUTERS I/B/E/S.SEES Q1 2018 GAAP EARNINGS PER SHARE ABOUT $1.15.  Full Article

Adobe Q4 Revenue $2.01 Bln Versus I/B/E/S View $1.95 Bln
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Adobe Systems Inc ::ADOBE DELIVERS RECORD REVENUE OF $2 BILLION IN Q4.Q4 REVENUE $2.01 BILLION VERSUS I/B/E/S VIEW $1.95 BILLION.QTRLY DILUTED EARNINGS PER SHARE WAS $1.00 ON A GAAP-BASIS, AND $1.26 ON A NON-GAAP BASIS.DIGITAL MEDIA ANNUALIZED RECURRING REVENUE GREW TO $5.23 BILLION EXITING QUARTER, A QUARTER-OVER-QUARTER INCREASE OF $359 MILLION.Q4 EARNINGS PER SHARE VIEW $1.16 -- THOMSON REUTERS I/B/E/S.  Full Article

Adobe Names Scott Belsky As Chief Product Officer And EVP, Creative Cloud
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Adobe Systems Inc ::ADOBE NAMES SCOTT BELSKY AS CHIEF PRODUCT OFFICER AND EVP, CREATIVE CLOUD.‍BELSKY WILL LEAD PRODUCT MANAGEMENT AND ENGINEERING FOR ADOBE CREATIVE CLOUD PRODUCTS AND SERVICES, ADOBE SPARK AND BEHANCE​.  Full Article

Adobe says ‍based analytics data, Black Friday is off to a "strong start"
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Adobe Systems Inc :Adobe says ‍based on Adobe Analytics Data, Black Friday is off to a "strong start", with $640 million in online spend as of 10 am ET, up 18.4 percent.Adobe says based on adobe analytics data, Thanksgiving generated a total of $2.87 billion in online spend, up 18.3 percent.Adobe-Mobile spend represents 61.1 percent of visits and 46.2 percent of revenue in online spend as of 10 am ET on Black Friday, ‍based on Adobe Analytics Data.  Full Article

Adobe Systems ‍reaffirms its current Q4 fiscal year 2017 revenue and earnings per share targets​
Wednesday, 18 Oct 2017 

Oct 19 (Reuters) - Adobe Systems Inc :Adobe Systems Inc - ‍reaffirming its current Q4 fiscal year 2017 revenue and earnings per share targets​.Adobe Systems Inc sees 2018 ‍non-GAAP earnings per share of approximately $5.50​.Adobe Systems Inc - fy2018 financial target, total Adobe revenue approximately $8.7 billion‍​.Adobe Systems Inc sees 2018 GAAP earnings per share of approximately $4.40​.Adobe Systems Inc - ‍is on track to achieve Q4 fy2017 revenue of $1.95 billion​.Fy2018 earnings per share view $5.21, revenue view $8.68 billion -- Thomson Reuters I/B/E/S.Adobe Systems Inc - fy2018 financial target, Adobe experience cloud bookings approximately 20 percent year-over-year growth.Adobe Systems Inc - ‍is on track to achieve its Q4 earnings per share targets of $0.86 on a GAAP-basis, and $1.15 on a non-GAAP basis​.Q4 earnings per share view $1.16, revenue view $1.95 billion -- Thomson Reuters I/B/E/S.Adobe Systems Inc - fy2018 financial target, digital media annualized recurring revenue approximately $1 billion of net new ARR.  Full Article

Adobe releases security update for Flash player to address vulnerability
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Adobe Systems Inc :Adobe says released security update for adobe flash player for windows, macintosh, linux, chrome os to address a critical type confusion vulnerability.  Full Article

The ‍Kaspersky Lab reports "vulnerability" to Adobe
Monday, 16 Oct 2017 

Oct 16 (Reuters) - The Kaspersky Lab::The Kaspersky Lab says its advanced exploit prevention system identified "new Adobe Flash zero day exploit", used in an attack on October 10.The Kaspersky Lab says has reported vulnerability to Adobe, which has issued an advisory​.  Full Article

Adobe Systems sees Q4 earnings per share to be about $0.86
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - Adobe Systems Inc ::Sees Q4 revenue about $1.950 billion.Sees Q4 earnings per share about $0.86.Sees q4 non-GAAP earnings per share about $1.15.Q4 earnings per share view $1.10, revenue view $1.95 billion -- Thomson Reuters I/B/E/S.Expect to achieve approximately $330 million of net new digital media ARR in Q4.adobe experience cloud Q4 growth rate will be affected by a material amount of perpetual revenue achieved in Q4 FY2016.Expect Digital Media segment year-over-year revenue growth of approximately 25 pct in Q4.Expect adobe experience cloud year-over-year revenue growth of approximately 17 percent in Q4.  Full Article

Adobe reports Q3 gaap earnings per share $0.84
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - Adobe Systems Inc :Adobe reports record revenue.Q3 revenue $1.84 billion versus I/B/E/S view $1.82 billion.Q3 gaap earnings per share $0.84.Q3 earnings per share view $1.01 -- Thomson Reuters I/B/E/S.Adobe Systems Inc - Qtrly ‍digital media annualized recurring revenue grew to $4.87 billion exiting quarter, a quarter-over-quarter increase of $308 million​.Adobe Systems Inc - Qtrly ‍deferred revenue grew to approximately $2.20 billion​.Adobe Systems Inc - Qtrly ‍Adobe Experience Cloud achieved revenue of $508 million, which represents 26 percent year-over-year growth​.  Full Article

Photo

Adobe lifts profit forecast on tax reform boost

Photoshop maker Adobe Systems Inc on Monday lifted its adjusted profit forecast for the current quarter and the full year, saying it expects its effective tax rate to decline "substantially" due to the recently enacted U.S. tax reforms.