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Adobe Systems Inc (ADBE.OQ)

ADBE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Permira Announces Sale Of Magento Commerce To Adobe For $1.68 Bln
Monday, 21 May 2018 

May 21 (Reuters) - Adobe Systems Inc ::PERMIRA ANNOUNCES SALE OF MAGENTO COMMERCE TO ADOBE FOR $1.68 BILLION.PERMIRA SAYS HILLHOUSE CAPITAL, ASIA-FOCUSED INVESTMENT FIRM, WILL ALSO SELL ITS STAKE IN MAGENTO TO ADOBE.  Full Article

Adobe Authorizes New $8 Bln Stock Repurchase Program
Monday, 21 May 2018 

May 21 (Reuters) - Adobe Systems Inc ::ADOBE AUTHORIZES NEW $8 BILLION STOCK REPURCHASE PROGRAM.ADOBE AUTHORIZES NEW $8 BILLION STOCK REPURCHASE PROGRAM.ADOBE SYSTEMS INC - NEW PROGRAM IS EXPECTED TO BE FUNDED FROM ADOBE'S FUTURE CASH FLOW FROM OPERATIONS.ADOBE SYSTEMS INC - NEW PROGRAM NOT EXPECTED TO HAVE A MATERIAL IMPACT ON COMPANY'S FISCAL YEAR 2018 EARNINGS.ADOBE SYSTEMS - NEW STOCK REPURCHASE AUTHORITY IS EXPANSION OF PREVIOUS PROGRAM AUTHORIZING REPURCHASE OF UP TO $2.5 BILLION IN STOCK THROUGH FY 2019.  Full Article

Adobe says is acquiring Sayspring Inc- Blog
Monday, 16 Apr 2018 

April 16 (Reuters) - Adobe Systems Inc ::ADOBE SAYS IS ACQUIRING SAYSPRING INC- BLOG.  Full Article

Adobe Appoints John Murphy Chief Financial Officer
Thursday, 5 Apr 2018 

April 5 (Reuters) - Adobe Systems Inc ::ADOBE APPOINTS JOHN MURPHY CHIEF FINANCIAL OFFICER.MURPHY WILL ASSUME CFO ROLE FROM ADOBE EVP AND CFO MARK GARRETT.  Full Article

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

US STOCKS-Wall St drops on rising trade tensions

* U.S. to implement 25 pct tariffs on $50 bln of Chinese goods