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ADBE - Adobe Inc News Story

$475.2 -13.3  -2.7%

Last Trade - 26/10/20

Sector
Technology
Size
Large Cap
Market Cap £175.05bn
Enterprise Value £174.16bn
Revenue £9.55bn
Position in Universe 27th / 6393

BRIEF-Adobe Reports Q3 GAAP Earnings Per Share $1.97

Tue 15th September, 2020 10:20pm
Sept 15 (Reuters) - Adobe Inc  ADBE.O :
    * ADOBE REPORTS RECORD REVENUE
    * Q3 REVENUE $3.23 BILLION VERSUS REFINITIV IBES ESTIMATE OF
$3.16
BILLION
    * Q3 GAAP EARNINGS PER SHARE $1.97
    * Q3 EARNINGS PER SHARE ESTIMATE $2.41 -- REFINITIV IBES
DATA
    * Q3 RESULTS INCLUDE $1.44 BILLION IN OPERATING CASH FLOWS
AND RPO
SURPASSING $10 BILLION
    * Q3 NON-GAAP EARNINGS PER SHARE $2.57
    * DIGITAL MEDIA ANNUALIZED RECURRING REVENUE ("ARR")
INCREASED
$458 MILLION QUARTER-OVER-QUARTER TO $9.63 BILLION EXITING
QUARTER
    * SEES Q4 REVENUE ABOUT $3.35 BILLION
    * Q4 REVENUE VIEW $3.36 BILLION -- REFINITIV IBES DATA
    * SEES Q4 GAAP EARNINGS PER SHARE OF $4.29
    * SEES Q4 NON GAAP EARNINGS PER SHARE ABOUT $2.64
    * Q4 EARNINGS PER SHARE VIEW $2.64 -- REFINITIV IBES DATA
    * SEES ABOUT $540 MILLION OF NET NEW ARR FOR DIGITAL MEDIA
SEGMENT
IN Q4

Source text for Eikon:  ID:nBwQspwYa 
Further company coverage:  ADBE.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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