Adobe Systems (ADBE) Tops Q4 EPS by 10c, Q1 EPS Guidance Tops Views

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Adobe Delivers Record Revenue of $2 Billion in Q4

December 14, 2017 4:05 PM EST

Achieves Record Creative Cloud, Adobe Document Cloud and Adobe Experience Cloud Revenue in Fiscal 2017

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its fourth quarter and fiscal year 2017 ended Dec. 1, 2017.

In its fourth quarter of fiscal year 2017, Adobe achieved quarterly revenue of $2.01 billion, which represents 25 percent year-over-year growth. In fiscal year 2017, Adobe achieved annual revenue of $7.30 billion, which also represents 25 percent year-over-year growth.

"Adobe delivered record revenue of $2 billion in Q4," said Shantanu Narayen, president and CEO, Adobe. "Our strong business momentum is... More