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Adobe Inc (ADBE.OQ)

ADBE.OQ on NASDAQ Stock Exchange Global Select Market

238.74USD
13 Nov 2018
Change (% chg)

$2.07 (+0.87%)
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Latest Key Developments (Source: Significant Developments)

Adobe Reports Q3 Adj EPS Of $1.73
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Adobe Systems Inc ::ADOBE REPORTS RECORD REVENUE.Q3 REVENUE $2.29 BILLION VERSUS I/B/E/S VIEW $2.25 BILLION.Q3 GAAP EARNINGS PER SHARE $1.34.Q3 EARNINGS PER SHARE VIEW $1.69 -- THOMSON REUTERS I/B/E/S.QTRLY DILUTED EARNINGS PER SHARE WAS $1.34 ON A GAAP-BASIS, AND $1.73 ON A NON-GAAP BASIS.QTRLY DIGITAL MEDIA ANNUALIZED RECURRING REVENUE GREW TO $6.40 BILLION, A QUARTER-OVER-QUARTER INCREASE OF $339 MILLION.  Full Article

Tiger Global Management Takes Share Stake In Adobe Systems, Dissolves In United Continental
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Tiger Global Management LLC::TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN ADOBE SYSTEMS OF 287,000 SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC DISSOLVES SHARE STAKE IN UNITED CONTINENTAL HOLDINGS - SEC FILING.TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN SALESFORCE COM INC BY 4.4 PERCENT TO 2.4 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC REPORTS SHARE STAKE IN DOCUSIGN INC OF 300,000 SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC DISSOLVES SHARE STAKE IN EHI CAR SERVICES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC TAKES SHARE STAKE IN COUPA SOFTWARE OF 1.4 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN BRIGHT SCHOLAR EDUCATION HOLDINGS BY 27.7 PERCENT TO 2 MILLION SPONSORED ADS - SEC FILING.TIGER GLOBAL MANAGEMENT LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Adobe Appoints Dana Rao As General Counsel
Monday, 18 Jun 2018 

June 18 (Reuters) - Adobe Systems Inc ::ADOBE APPOINTS DANA RAO GENERAL COUNSEL.ADOBE SYSTEMS INC - DANA RAO WILL SUCCEED MIKE DILLON, WHO ANNOUNCED HIS INTENT TO RETIRE EARLIER THIS YEAR.ADOBE SYSTEMS - APPOINTED DANA RAO AS EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL, EFFECTIVE IMMEDIATELY.  Full Article

Adobe To Acquire Magento Commerce
Monday, 21 May 2018 

May 21 (Reuters) - Adobe Systems Inc ::ADOBE TO ACQUIRE MAGENTO COMMERCE.ADOBE SYSTEMS INC - DEAL FOR $1.68 BILLION.ADOBE SYSTEMS INC - UPON CLOSE OF DEAL, MAGENTO CEO MARK LAVELLE WILL CONTINUE TO LEAD MAGENTO TEAM AS PART OF ADOBE'S DIGITAL EXPERIENCE BUSINESS.  Full Article

Third Point Raises Share Stake in Facebook, Takes Share Stake in Worldpay
Tuesday, 15 May 2018 

May 15 (Reuters) - THIRD POINT LLC::THIRD POINT LLC TAKES SHARE STAKE OF 400,000 SHARES IN ADOBE SYSTEMS INC - SEC FILING.THIRD POINT LLC RAISES SHARE STAKE IN FACEBOOK INC BY 17.6 PERCENT TO 4 MILLION CLASS A SHARES.THIRD POINT LLC TAKES SHARE STAKE OF 4.1 MILLION CLASS A SHARES IN WORLDPAY INC.THIRD POINT LLC DISSOVES SHARE STAKE IN SOUTHWESTERN ENERGY CO.THIRD POINT LLC - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Adobe And Nvidia Announce Partnership To Deliver New AI Services
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Adobe Systems Inc ::ADOBE AND NVIDIA ANNOUNCE PARTNERSHIP TO DELIVER NEW AI SERVICES FOR CREATIVITY AND DIGITAL EXPERIENCES.NVIDIA CORP - COLLABORATION WILL OPTIMIZE ADOBE SENSEI FOR NVIDIA GPUS.  Full Article

Adobe Systems Inc - Sees Q2 Adobe Total Revenue About $2.150 Billion‍​‍​‍​
Thursday, 15 Mar 2018 

March 15 (Reuters) - Adobe Systems Inc ::SEES Q2 ADOBE TOTAL REVENUE ABOUT $2.150 BILLION‍​‍​‍​.SEES Q2 2018 GAAP EPS ABOUT $1.16 AND NON-GAAP EPS ABOUT $1.53.SEES Q2 DIGITAL MEDIA SEGMENT REVENUE GROWTH OF 25%.SEES Q2 2018 DIGITAL EXPERIENCE SEGMENT REVENUE OF ABOUT 15 PERCENT.SEES Q2 NET NEW DIGITAL MEDIA ANNUALIZED RECURRING REVENUE ABOUT $330 MILLION.Q2 EARNINGS PER SHARE VIEW $1.51, REVENUE VIEW $2.14 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Adobe Sees Q1 2018 Non-Gaap Earnings Per Share $1.43
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Adobe Systems Inc ::ADOBE UPDATES Q1 AND FISCAL YEAR 2018 FINANCIAL TARGETS.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $6.20.SEES Q1 2018 NON-GAAP EARNINGS PER SHARE $1.43.SEES FY 2018 GAAP EARNINGS PER SHARE ABOUT $4.72.SEES Q1 2018 GAAP EARNINGS PER SHARE ABOUT $1.05.IMPACT OF NEW U.S. TAX LAW RESULTS IN HIGHER FISCAL YEAR 2018 EARNINGS PER SHARE TARGETS.GIVEN ADOBE'S FISCAL YEAR 2018 BEGAN DEC. 2, 2017, COMPANY WILL HAVE A PARTIAL-YEAR IMPACT DUE TO TAX CHANGES.EXPECTS ITS FISCAL YEAR 2018 GAAP AND NON-GAAP EFFECTIVE TAX RATES WILL DECLINE SUBSTANTIALLY FROM RATES IN FISCAL YEAR 2017.ALSO EXPECTS FISCAL YEAR 2019 GAAP AND NON-GAAP EFFECTIVE TAX RATES TO STABILIZE AT A RATE OF APPROXIMATELY 18 PERCENT.REAFFIRMED ITS FINANCIAL TARGETS INCLUDING REVENUE, ARR AND BOOKINGS TARGETS AS APPLICABLE FOR BOTH Q1 AND FOR FISCAL YEAR 2018.ADOBE SYSTEMS - REAFFIRMED FINANCIAL TARGETS INCLUDING REVENUE, ANNUALIZED RECURRING REVENUE, BOOKINGS TARGETS AS APPICABLE FOR Q1, FISCAL YEAR 2018.SEES FISCAL YEAR 2018 TOTAL REVENUE AROUND $8.725 BILLION.SEES Q1 TOTAL REVENUE AROUND $2.040 BILLION.Q1 EARNINGS PER SHARE VIEW $1.27, FY2018 REVENUE VIEW $8.71 BILLION -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $2.04 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $5.57 -- THOMSON REUTERS I/B/E/S.  Full Article

Adobe Announces Executive Retirements
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Adobe Systems Inc ::ADOBE ANNOUNCES EXECUTIVE RETIREMENTS.ADOBE SYSTEMS - MARK GARRETT, EXECUTIVE VICE PRESIDENT AND CFO, AND MIKE DILLON, EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL, INTEND TO RETIRE IN 2018.ADOBE SYSTEMS INC - ADOBE IS CONDUCTING AN INTERNAL AND EXTERNAL SEARCH TO FILL BOTH ROLES.  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

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SAP snatches sentiment tracker Qualtrics from verge of IPO for $8 billion

FRANKFURT German business software company SAP has agreed to buy Qualtrics International for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company which specializes in tracking online sentiment. | Video