Edition:
India

Adobe Inc (ADBE.OQ)

ADBE.OQ on NASDAQ Stock Exchange Global Select Market

279.72USD
18 Sep 2019
Change (% chg)

-- (--)
Prev Close
$279.72
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
984,645
52-wk High
$313.11
52-wk Low
$204.95

Latest Key Developments (Source: Significant Developments)

Adobe Reports Qtrly Non-Gaap Earnings Per Share $2.05
Wednesday, 18 Sep 2019 

Sept 17 (Reuters) - Adobe Inc ::ADOBE REPORTS RECORD REVENUE.Q3 REVENUE $2.83 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.82 BILLION.Q3 GAAP EARNINGS PER SHARE $1.61.Q3 EARNINGS PER SHARE ESTIMATE $1.97 -- REFINITIV IBES DATA.DIGITAL MEDIA ANNUALIZED RECURRING REVENUE GREW TO $7.86 BILLION EXITING QUARTER.QTRLY NON-GAAP EARNINGS PER SHARE $2.05.SEES Q4 NET NEW DIGITAL MEDIA ANNUALIZED RECURRING REVENUE (“ARR”) ABOUT $450 MILLION.ADOBE - SEES Q4 DIGITAL MEDIA SEGMENT REVENUE GROWTH OF ABOUT 20%.ADOBE - SEES Q4 DIGITAL EXPERIENCE SEGMENT REVENUE GROWTH OF ABOUT 23%.SEES Q4 GAAP EPS OF ABOUT $1.68 .SEES Q4 NON-GAAP EPS ABOUT $2.25 .Q4 EARNINGS PER SHARE VIEW $2.30, REVENUE VIEW $3.03 BILLION -- REFINITIV IBES DATA.  Full Article

Jana Partners LLC Dissolves Sole Share Stake In Adobe
Wednesday, 15 May 2019 

May 15 (Reuters) - JANA PARTNERS LLC ::JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN ADOBE INC - SEC FILING.JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN TEVA PHARMACEUTICAL INDUSTRIES' SPONSORED ADRS - SEC FILING.JANA PARTNERS - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Adobe Inc Announces Partnership With Roku Inc
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Adobe Inc ::ADOBE INC - ANNOUNCED PARTNERSHIP WITH ROKU INC TO OFFER ADOBE CUSTOMERS ABILITY TO PRECISELY TARGET LARGE CONSUMER AUDIENCE MOVING TO OTT SERVICE.  Full Article

Adobe And Microsoft Are Aligning Key Data Sources To Populate Account-Based Profiles In Adobe Experience Cloud
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Adobe Inc ::ADOBE INC - EXTENDED PARTNERSHIP WITH MICROSOFT, INTEGRATED WITH LINKEDIN TO ACCELERATE ABX THROUGH NEW MARKETING SOLUTION INTEGRATIONS.ADOBE INC - ADOBE AND MICROSOFT ARE ALIGNING KEY DATA SOURCES TO POPULATE ACCOUNT-BASED PROFILES IN ADOBE EXPERIENCE CLOUD.  Full Article

Adobe's EVP Dana Rao Reports Open Market Sale Of 5,955 Common Shares Of Co
Thursday, 21 Mar 2019 

March 20 (Reuters) - Adobe Inc ::ADOBE'S EVP, GEN. COUNSEL & SECRETARY DANA RAO REPORTS OPEN MARKET SALE OF 5,955 COMMON SHARES OF ADOBE AT $255.0759 ON MARCH 18 - SEC FILING.  Full Article

Tiger Global Management Cuts Share Stake In Twitter
Thursday, 15 Nov 2018 

Nov 14 (Reuters) - Tiger Global Management: :TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN TWITTER INC BY 41.4 PERCENT TO 6.9 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN ADOBE BY 82.2 PERCENT TO 523,000 SHARES.TIGER GLOBAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2018.  Full Article

Adobe Reports Q3 Adj EPS Of $1.73
Friday, 14 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
Wednesday, 15 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
Tuesday, 19 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
Tuesday, 22 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

Photo

Adobe's fourth-quarter forecast, marketing software unit disappoint

Adobe Inc on Tuesday gave a tepid current-quarter revenue forecast and said that bookings in its newly acquired marketing software unit were growing slower than expected, sending shares nearly 3% in after-market trading.