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.
- Adobe Marketing Cloud quarterly revenue was
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.
- Adobe Marketing Cloud quarterly revenue was
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