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Adobe Systems Inc (ADBE.OQ)

ADBE.OQ on NASDAQ Stock Exchange Global Select Market

177.51USD
15 Dec 2017
Change (% chg)

$2.51 (+1.43%)
Prev Close
$175.00
Open
$179.36
Day's High
$179.90
Day's Low
$174.32
Volume
3,328,587
Avg. Vol
939,315
52-wk High
$186.22
52-wk Low
$101.92

Latest Key Developments (Source: Significant Developments)

Adobe Systems Q1 Non-GAAP EPS About $1.27
Thursday, 14 Dec 2017 04:33pm EST 

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 04:05pm EST 

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
Wednesday, 6 Dec 2017 07:30pm EST 

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 02:12pm EST 

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 04:05pm EDT 

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

The ‍Kaspersky Lab reports "vulnerability" to Adobe
Monday, 16 Oct 2017 10:54am EDT 

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

Shutterstock enhances plugin to enable further integration with Adobe Creative Cloud
Tuesday, 19 Sep 2017 09:00am EDT 

Sept 19 (Reuters) - Shutterstock Inc :Shutterstock enhances plugin to enable further integration with Adobe Creative Cloud.Shutterstock Inc - has updated its custom-built plugins to be more fully integrated with Adobe's Creative Cloud​.  Full Article

Adobe, Microsoft expand partnership on e-commerce signatures
Thursday, 7 Sep 2017 09:00am EDT 

Sept 7 (Reuters) - Adobe Systems Inc :Adobe and Microsoft expand strategic partnership to drive e-signatures and collaboration among teams in the cloud.Microsoft - ‍Beginning Thursday, Adobe Sign is Microsoft's "preferred e-signature solution" across company's portfolio​.Microsoft - ‍Adobe will make Microsoft Azure its preferred cloud platform for Adobe Sign​.  Full Article

Adobe Systems Inc says it has acquired all Skybox Technology from Mettle
Wednesday, 21 Jun 2017 12:00pm EDT 

June 21 (Reuters) - Adobe Systems Inc :Adobe Systems Inc- announced it has acquired all Skybox Technology from Mettle.Adobe Systems Inc - Adobe will integrate skybox plugin functionality natively into future releases of premiere pro and after effects.Adobe Systems Inc - mettle co-founder chris bobotis will join adobe.  Full Article

Adobe Systems reports Q2 earnings per share $0.75
Tuesday, 20 Jun 2017 04:05pm EDT 

June 20 (Reuters) - Adobe Systems Inc -:Q2 revenue $1.77 billion versus I/B/E/S view $1.73 billion.Q2 gaap earnings per share $0.75.Q2 earnings per share view $0.95 -- Thomson Reuters I/B/E/S.Adobe Systems Inc qtrly diluted earnings per share was $0.75 on a gaap-basis, and $1.02 on a non-gaap basis.Adobe Systems Inc - qtrly deferred revenue $2.07 billion versus $1.68 billion.Q2 non-gaap earnings per share $1.02.Adobe Systems Inc- digital media annualized recurring revenue of $4.56 billion exiting quarter, a quarter-over-quarter increase of $312 million.  Full Article

Photo

Adobe profit beats on digital media business strength

Photoshop maker Adobe Systems Inc on Thursday reported a better-than-expected quarterly revenue and profit, driven by strength in its digital media business, which houses its flagship product Creative Cloud.