Adobe: Reaping the Benefit of Cloud Market

Grazed from GuruFocus.  Author: Editorial Staff.

Adobe operates as a diversified software company worldwide. Its digital medical segment provides tools and solutions that enable customers monetize their digital content anywhere. The company’s digital marketing segment provides solutions for optimizing the operation of digital advertising businesses. The print and publishing segment provides products that address diverse market opportunities. One of the company’s flagship products is Adobe Creative Cloud. This is a service that enables consumers to download and install the latest version of their creative products.

Numbers at a Glance

Adobe is redefining the digital marketing sector. In the first quarter, it achieved $1 billion in revenues, with non-GAAP earnings per share of 30 cents. The company’s Adobe Creative Cloud grew to just under $1billion. Adobe exited the quarter with over 1.8 million subscriptions…


This was an improvement from the 405,000 recorded at the end of the fourth quarter. Revenues from marketing cloud software subscriptions rose 24% on a year-on-year basis to $267 million. Adobe’s total subscription revenue soared 89% to $423.6 million…

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