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NAS:ADBE, Dec 14, 10:59 UTC

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[$$] Adobe Raises Revenue Forecast

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Adobe Systems Inc. on Thursday raised revenue targets for 2019, saying it now expects to deliver about $11.15 billion in revenue and its high-margin digital-media business to add about $1.45 billion of recurring revenue. Adobe’s upgraded forecast implies a revenue growth rate of about 23%, compared with its forecast in October of 20% growth. The company’s digital-media business, which accounts for most of its subscription revenue, had been expected to add about $1.4 billion in recurring revenue.

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Adobe CEO on Magento, Marketo deals making 'only comprehensive platform' for enterprise marketing

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"When you think about what Magento does, it really completely closes the loop with respect to everything we've been doing for [business-to-consumer] companies in terms of having the leading commerce solution, and that's off to a great start," Narayen told Jim Cramer in an exclusive "Mad Money" interview after earnings. Magento, an open-source e-commerce platform on which businesses can build online marketplaces, exceeded Adobe's internal revenue expectations in the few months since the deal closed, Narayen said. Now, with the addition of Marketo, a software company that specializes in digital marketing automation, Adobe has become a "comprehensive platform" for all businesses to control their marketing streams, he told Cramer. The company, which offers end-to-end creative and marketing solutions for both consumers and businesses, expects its digital media segment to grow by 20 percent year over year and its digital experience segment to grow by 34 percent.

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Adobe Systems (ADBE) Q4 Earnings Miss Estimates

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Over the last four quarters, the company has surpassed consensus EPS estimates three times. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Adobe was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future.

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Adobe's quarterly revenue surges 23 percent

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Adobe's quarterly revenue surges 23 percent. ReutersDecember 13, 2018, 9:22 PM GMT. (Reuters) - Adobe Systems Inc (ADBE.O) on Thursday reported a 22.8 percent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop. The San Jose, California-based company's net income rose to $678.2 million, or $1.37 per share, in the fourth quarter ended Nov. 30, from $501.5 million, or $1 per share, a year earlier. Total revenue rose to $2.46 billion from $2.01 billion. What to read next.

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Adobe: Fiscal 4Q Earnings Snapshot

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SAN JOSE, Calif. (AP) _ Adobe Systems Inc. (ADBE) on Thursday reported fiscal fourth-quarter profit of $678.2 million. The San Jose, California-based company said it had net income of $1.37 per share. Earnings, adjusted for one-time gains and costs, came to $1.83 per share. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.

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Adobe Reports Record Quarterly and Annual Revenue

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"In 2018 we made significant investments across our product portfolio, entered new markets, and made strategic acquisitions which we believe will fuel continued top and bottom-line performance.”. “We finished the year strong with record results across the board, meeting or exceeding all of our annual and quarterly targets which did not include Marketo,” said John Murphy, executive vice president and CFO, Adobe. Adobe continues to believe that moving to 606 in fiscal year 2019 reporting will not materially impact its revenue. However, the Company now expects there will be a slight improvement to earnings through fiscal year 2019 due to benefits from capitalization of sales commissions. Factors that might cause or contribute to such differences include, but are not limited to: failure to compete effectively, failure to develop, acquire, market and offer products and services that meet customer requirements, introduction of new technology, risks associated with cyber-attacks, potential interruptions or delays in hosted services provided by us or third parties, information security and privacy, complex sales cycles, risks related to the timing of revenue recognition from our subscription offerings, fluctuations in subscription renewal rates, failure to realize the anticipated benefits of past or future acquisitions, changes in accounting principles and tax regulations, uncertainty in the financial markets and economic conditions in the countries where we operate, and other various risks associated with being a multinational corporation. For a discussion of these and other risks and uncertainties, please refer to Adobe’s Annual Report on Form 10-K for our fiscal year 2017 ended Dec. 1, 2017, and Adobe's Quarterly Reports on Form 10-Q issued in fiscal year 2018.

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Adobe Systems Q4 Earnings Preview

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Adobe Systems Incorporated (NASDAQ: ADBE) announces its next round of earnings this Thursday, Dec. 13. Wall Street analysts see Adobe Systems Incorporated reporting earnings of $1.88 per share on sales of $2.43 billion. Adobe reported a profit of $1.26 when it published results during the same quarter last year. The Wall Street consensus estimate for earnings would represent a 49.21 percent increase for the company.

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Wednesday, December 12


News

transcosmos Wins "Japan Advertising Cloud Agency of the Year" Award at the Adobe Symposium 2018

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TOKYO, Dec. 12, 2018 /PRNewswire-PRWeb/ -- transcosmos inc. is proud to announce that the company received the "Japan Advertising Cloud Agency of the Year" award in the Adobe-product sales partner-only award session at a pre-conference which was held prior to the "Adobe Symposium 2018" hosted by Adobe Systems Co., Ltd. (Headquarters: Tokyo, Japan; President: James McCready; Adobe). Through this new program, transcosmos helped clients acquire high-value customers with a greater efficiency whilst creating other extensive leading-edge digital experiences by connecting and implementing Adobe products in a sophisticated way. About transcosmos inc. transcosmos launched its operations in 1966. Since then, we have combined superior "people" with up-to-date "technology" to enhance the competitive strength of our clients by providing them with superior and valuable services. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce Services to deliver our clients' excellent products and services to consumers in 49 countries around the globe.

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Government ID Authentication feature comes to Adobe Sign

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'Government ID Authentication' feature comes to Adobe Sign By IANS | San Francisco | Last Updated at December 12 2018 13:50 IST. To help banking and financial services companies go further paperless, Adobe has announced a new signer identification feature called "Government ID Authentication" that uses a physical ID, like a driver's license or passport, as a form of digital ID authentication. When enabled, signers are guided through the simple process of using their mobile phone to snap a photo of a physical ID card. "Adobe Sign" evaluates the ID card's security features like patterns, fonts and layout, to authenticate the identity of the signer and allow them to complete the signature process. "Providing this higher level of signer identity authentication will help our customers implement e-signatures in a whole host of new business processes," said Mike Prizament, Senior Product Marketing Manager, Document Cloud.

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transcosmos Offers Ad Delivery Services by Integrating "Adobe Advertising Cloud DSP" with "Adobe Analytics" for the First Time in Japan

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By integrating users' onsite behavioral data to Advertising Cloud DSP, in addition to Advertising Cloud DSP's optimization metrics, namely, impressions, clicks, and final conversions, transcosmos expanded ad performance measurement metrics in order to help clients deliver ads according to users' onsite behavior more flexibly than ever. What's more, this ad delivery model which uses users' onsite behavioral data as its KPIs works as an effective tool to address "Intelligent Tracking Prevention (ITP) features" that prevent the tracking of users' browsing behavior. Today, various businesses implement access analysis tools together with ad delivery tools in an effort to discover user needs. Yet, most tools work independently making companies struggle to utilize users' onsite behavioral data gained from access analysis seamlessly to optimize their ads. transcosmos currently applies this Advertising Cloud DSP and Adobe Analytics integration model to a registration campaign for "ANA Card", which ANA Group issues in partnership with multiple credit card companies. transcosmos has gained expertise in Adobe Advertising Cloud at "Adobe Advertising Academy". What's more, the company owns 8 certified employees who have received "Specialist Certification", a certification only granted to members who are certified as specialists for their skills in campaign designing and operations.

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