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Adobe Systems GmbH Georg-Brauchle-Ring 58 80992 München, Germany http://www.adobe.com
Contact Ms Ina Machenheimer +49 611 741310
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Adobe Systems GmbH

Adobe's Cloud Solutions Fuel Strong Financial Results

Creative Cloud and Adobe Marketing Cloud Adoption Accelerates in Q2

(PresseBox) (San Jose, Calif., )
Adobe (Nasdaq:ADBE) today reported financial results for its second quarter of fiscal year 2014 ended May 30, 2014.

Second Quarter Financial Highlights

- Adobe achieved revenue of $1.07 billion, above the high end of its targeted range of $1.00 billion to $1.05 billion.
- Adobe exited Q2 with 2 million 308 thousand paid Creative Cloud subscriptions, an increase of 464 thousand when compared to the number of subscriptions as of the end of Q1 fiscal year 2014.
- Creative Annualized Recurring Revenue ("ARR") grew to $1.20 billion, and total Digital Media ARR grew to $1.38 billion.
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.