Adobe Systems (ADBE) Tops Q2 EPS by 3c; Trims FY15 Revenue Outlook on FX Impact
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Adobe Reports Record Revenue
June 16, 2015 4:03 PM EDTStrong Q2 FY2015 Profit Growth Driven by Cloud Momentum; Creative ARR Tops $2 Billion
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2015 ended May 29, 2015.
Quarterly Financial Highlights
Adobe achieved record quarterly revenue of $1.16 billion. Digital Media Annualized Recurring Revenue (ARR) grew to $2.35 billion exiting the quarter, driven by an increase in Creative ARR of $230 million to $2.02 billion. Adobe Marketing Cloud achieved revenue of $327 million. Diluted... More