Adobe Systems (ADBE) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance
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Adobe Surpasses $11 Billion in Annual Revenue
December 12, 2019 4:05 PM ESTRecord Fourth Quarter Contributes to 24 Percent Year-Over-Year Annual Growth
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its fourth quarter and fiscal year 2019 ended Nov. 29, 2019.
In its fourth quarter of fiscal year 2019, Adobe achieved record quarterly revenue of $2.99 billion, which represents 21 percent year-over-year growth. In fiscal year 2019, Adobe achieved record annual revenue of $11.17 billion, which represents 24 percent year-over-year growth.
"Adobe's phenomenal performance in Q4 capped a record fiscal 2019 with revenue exceeding $11 billion, said Shantanu Narayen, president and CEO, Adobe. "Adobes vision, category leadership,... More
