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ADBE

Adobe Inc

$439.1

Earnings Summary

Revenue
$4386Mn
Net Profits
$1178Mn
Net Profit Margins
26.86%

Highlights

Revenue:

Adobe Inc’s revenue jumped 14.37% since last year same period to $4386Mn in the Q2 2022. On a quarterly growth basis, Adobe Inc has generated 2.91% jump in its revenue since last 3-months.

Net Profits:

Adobe Inc’s net profit jumped 5.56% since last year same period to $1178Mn in the Q2 2022. On a quarterly growth basis, Adobe Inc has generated -6.95% fall in its net profits since last 3-months.

Net Profit Margins:

Adobe Inc’s net profit margin fell -7.71% since last year same period to 26.86% in the Q2 2022. On a quarterly growth basis, Adobe Inc has generated -9.58% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Adobe Inc post its latest quarter earnings

EPS Estimate Current Quarter
3.33
EPS Estimate Current Year
3.33

Highlights

EPS Estimate Current Quarter:

Adobe Inc’s earning per share (EPS) estimates for the current quarter stand at 3.33 - a 0.6% jump from last quarter’s estimates.

EPS Estimate Current Year:

Adobe Inc’s earning per share (EPS) estimates for the current year stand at 3.33.

Key Ratios

Key ratios of the Adobe Inc post its Q2 2022 earnings

Earning Per Share (EPS)
3.35

Highlights

Earning Per Share (EPS):

Adobe Inc’s earning per share (EPS) jumped 10.56% since last year same period to 3.35 in the Q2 2022. This indicates that the Adobe Inc has generated 10.56% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-29
3.31
3.35
1.21%
2022-03-30
3.34
3.37
0.9%

Company Information

“A pioneer of providing a digital experience to its consumers, Adobe was founded in 1982 as Adobe Systems Incorporated. This U.S.-based company offers many professional software products, including photography, graphics, animation, premium video creation, high-end printing, and e-learning solutions. From its first product, PostScript, to popular products like Adobe Photoshop, Adobe Premiere, Adobe Illustrator, Adobe Acrobat Reader, it has attracted more than 1 million followers worldwide. Its popularity can also be attributed to its acquisitions. In 1994, it acquired Aldus and its PageMaker software and bought Framework and Page Mill software developers the following year. Among its essential strategies was the introduction of the PDF format for electronic document distribution. Using its free application, Acrobat Reader, users could read and print documents on any operating system. The company is frequently developing new applications. The company began generating and distributing animations over the internet by introducing two new programs, Shockwave and Flash. In 2008, Adobe's media player was also introduced to compete with Apple's Itunes and Windows Real Player. It became so popular that it was adopted even by television networks. In addition, the company works philanthropically. Adobe Youth Voices aims to teach young people technology skills while also building connections with the community. Since its inception in 2006, it has attracted 250,000 youth and 5000 educators from 60 countries. Since businesses have shifted to remote work cultures, Adobe has seen a surge in revenues. Among its high-end clients are Yahoo, Deutsche Bank, Walmart, and even major government agencies. Its business innovations and strategies of providing solutions to changing business needs have made it an award-winning software since 1982. With its creative cloud, document cloud, and experience cloud programs transforming the digital world, all segments show strong profitability in the current dynamic environment. The company generated a record revenue of 3.94 billion dollars in the third quarter of 2021. In other words, it developed a 22% year over year growth. In addition to high revenues, Adobe also tops the list of companies with happiest employees in 2021. Currently Adobe Inc has a market cap of $202.63 Billion. It has a P.E ratio of 42.3. The shares of Adobe Inc are trading at $426.42. ” .

Organisation
Adobe Inc
Headquarters
San Jose, California, US
Employees
22.52K
Industry
Technology Services
CEO
Shantanu Narayen