Adobe Systems (ADBE) Tops Q4 EPS by 2c, Q1 and FY EPS Guidance Misses
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Adobe Reports Record Quarterly and Annual Revenue
December 13, 2018 4:05 PM ESTQ4 Operating Cash Flow Exceeds $1 Billion; Company Raises Revenue and ARR Targets for Fiscal Year 2019
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its fourth quarter and fiscal year 2018 ended Nov. 30, 2018.
In its fourth quarter of fiscal year 2018, Adobe achieved record quarterly revenue of $2.46 billion, which represents 23 percent year-over-year growth. In fiscal year 2018, Adobe achieved record annual revenue of $9.03 billion, which represents 24 percent year-over-year growth.
"Adobe achieved record revenue of greater than $9 billion and delivered outstanding earnings performance in fiscal 2018," said Shantanu Narayen, president... More
