Edition:
India

Adobe Systems Inc (ADBE.OQ)

ADBE.OQ on NASDAQ Stock Exchange Global Select Market

183.26USD
12:24am IST
Change (% chg)

$-0.89 (-0.48%)
Prev Close
$184.15
Open
$184.20
Day's High
$184.40
Day's Low
$183.06
Volume
234,060
Avg. Vol
821,632
52-wk High
$185.51
52-wk Low
$98.00

Latest Key Developments (Source: Significant Developments)

Adobe Systems ‍reaffirms its current Q4 fiscal year 2017 revenue and earnings per share targets​
Thursday, 19 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

Adobe releases security update for Flash player to address vulnerability
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Adobe Systems Inc :Adobe says released security update for adobe flash player for windows, macintosh, linux, chrome os to address a critical type confusion vulnerability.  Full Article

The ‍Kaspersky Lab reports "vulnerability" to Adobe
Monday, 16 Oct 2017 

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

Adobe Systems sees Q4 earnings per share to be about $0.86
Wednesday, 20 Sep 2017 

Sept 19 (Reuters) - Adobe Systems Inc ::Sees Q4 revenue about $1.950 billion.Sees Q4 earnings per share about $0.86.Sees q4 non-GAAP earnings per share about $1.15.Q4 earnings per share view $1.10, revenue view $1.95 billion -- Thomson Reuters I/B/E/S.Expect to achieve approximately $330 million of net new digital media ARR in Q4.adobe experience cloud Q4 growth rate will be affected by a material amount of perpetual revenue achieved in Q4 FY2016.Expect Digital Media segment year-over-year revenue growth of approximately 25 pct in Q4.Expect adobe experience cloud year-over-year revenue growth of approximately 17 percent in Q4.  Full Article

Adobe reports Q3 gaap earnings per share $0.84
Wednesday, 20 Sep 2017 

Sept 19 (Reuters) - Adobe Systems Inc :Adobe reports record revenue.Q3 revenue $1.84 billion versus I/B/E/S view $1.82 billion.Q3 gaap earnings per share $0.84.Q3 earnings per share view $1.01 -- Thomson Reuters I/B/E/S.Adobe Systems Inc - Qtrly ‍digital media annualized recurring revenue grew to $4.87 billion exiting quarter, a quarter-over-quarter increase of $308 million​.Adobe Systems Inc - Qtrly ‍deferred revenue grew to approximately $2.20 billion​.Adobe Systems Inc - Qtrly ‍Adobe Experience Cloud achieved revenue of $508 million, which represents 26 percent year-over-year growth​.  Full Article

Adobe Systems Inc sees Q3 earnings per share about $0.72
Wednesday, 21 Jun 2017 

June 20 (Reuters) - Adobe Systems Inc :Adobe Systems Inc sees Q3 gaap earnings per share about $0.72; sees Q3 non-gaap earnings per share about $1.00.Adobe Systems Inc sees Q3 revenue about $1.815 billion.Adobe Systems Inc says expect to achieve approximately $300 million of net new digital media ARR in Q3.Adobe Systems Inc - expect digital media segment year-over-year revenue growth of approximately 26% in Q3.Adobe Systems Inc says expect Adobe experience cloud year-over-year revenue growth of approximately 25% in Q3.Q3 earnings per share view $0.97, revenue view $1.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Adobe Systems reports Q1 non-GAAP earnings of $0.94/shr
Friday, 17 Mar 2017 

Adobe Systems Inc : Adobe reports record revenue . Q1 revenue $1.68 billion versus I/B/E/S view $1.65 billion . Qtrly diluted earnings per share of $0.94 on a non-GAAP basis . Q1 GAAP earnings per share $0.80 . Q1 earnings per share view $0.87 -- Thomson Reuters I/B/E/S . Adobe Systems Inc - Qtrly digital media annualized recurring revenue of $4.25 billion exiting quarter, a quarter-over-quarter increase of $265 million . Adobe Systems Inc - qtrly deferred revenue $2.1 billion versus $1.61 billion . Adobe Systems Inc - Qtrly Adobe marketing cloud revenue of $477 million .Adobe Systems Inc- "remain bullish about our prospects for rest of 2017 and beyond".  Full Article

Adobe Systems sees Q2 GAAP earnings per share about $0.66
Friday, 17 Mar 2017 

Adobe Systems Inc : Adobe Systems Inc sees Q2 revenue about $1.730 billion . Adobe Systems Inc sees Q2 non GAAP earnings per share of about $0.94 . Adobe Systems Inc says expect to achieve approximately $290 million of net new Digital Media ARR in Q2 . Adobe Systems Inc - sees Q2 GAAP earnings per share about $0.66 . Adobe Systems Inc says expect Digital Media segment year-over-year revenue growth of approximately 24% in Q2 . Adobe Systems Inc expect Adobe Marketing Cloud year-over-year net revenue growth of approximately 26% in Q2 .Q2 earnings per share view $0.91, revenue view $1.72 billion -- Thomson Reuters I/B/E/S.  Full Article

Surveymonkey says appoints Tom Hale as President
Friday, 22 Jul 2016 

Surveymonkey : Hale has served in senior positions at Linden Lab and Adobe systems .Surveymonkey says appoints Tom Hale as president.  Full Article

Adobe co-chairman John Warnock sells 2,000 shares of co's common stock
Friday, 22 Jul 2016 

Adobe Systems Inc :Co-Chairman, John Warnock reports open market sale of 2,000 shares of co's common stock at average price of $98.51/share on July 20.  Full Article

Fitch Withdraws Toys 'R' Us IDR

(The following statement was released by the rating agency) NEW YORK, November 17 (Fitch) Fitch Ratings has withdrawn the 'D' Long-Term Issuer Default Ratings (IDRs) for Toys 'R' Us, Inc., Toys 'R' Us-Delaware, Inc., Toys 'R' Us Property Co. I, LLC, and TRU Taj LLC. Given Toys' Chapter 11 filing on Sept. 18, 2017, Fitch will no longer provide ratings or analytical coverage for the company. RATING SENSITIVITIES Rating sensitivities are not applicable in light of the ratings being withdrawn. Conta