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Check this out 👀! If you had dropped $10K into Adobe back in 2014, you could’ve watched it soar up to nearly $95K by 2021! Yeah, it’s had its ups and downs since then, dipping to around $54K in 2022, but hey, it’s climbing back up and hit over $78K in early 2024. Not too shabby, right?
Investing can be a wild ride, but sticking it out for the long haul can pay off.
Investing can be a wild ride, but sticking it out for the long haul can pay off.
🎨 On Wednesday evening, Adobe reported earnings for Q4 FY 2023.
The Numbers:
Earnings: 🟢 $4.27 Beats $4.14 Est.
Revenue: 🟢 $5.05B Beats $5.03B Est.
Consensus estimates are from LSEG.
The Quarter:
Adobe achieved $5.05B in revenue in Q4 FY 2023, representing a 12% year-over-year growth, fueled by strong performance in its Digital Media and Digital Experience segments.
The quarter saw Digital Media segment revenue reach $3.72B and Digital Experience segment revenue hit $1.27B, both showing double-digit year-over-year growth.
Adobe also reported robust cash flows from operations at $1.60B and repurchased approximately 1.8M shares during the quarter.
Future Guidance:
Adobe’s fiscal 2024 guidance for earnings per share of $17.60 - $18 on $21.3B - $21.5B in revenue fell short of Wall Street’s expectations of $18 per share and $21.73B in revenue.
This lead to shares dropping in after hours. The company’s CEO, Shantanu Narayen, remains confident in the growth potential of Creative Cloud subscriptions, despite some price increases and ongoing regulatory inquiries into the $20B Figma acquisition.
Adobe is also cooperating with a U.S. Federal Trade Commission inquiry regarding its subscription and cancellation practices, which could materially impact its financial performance.
The Numbers:
Earnings: 🟢 $4.27 Beats $4.14 Est.
Revenue: 🟢 $5.05B Beats $5.03B Est.
Consensus estimates are from LSEG.
The Quarter:
Adobe achieved $5.05B in revenue in Q4 FY 2023, representing a 12% year-over-year growth, fueled by strong performance in its Digital Media and Digital Experience segments.
The quarter saw Digital Media segment revenue reach $3.72B and Digital Experience segment revenue hit $1.27B, both showing double-digit year-over-year growth.
Adobe also reported robust cash flows from operations at $1.60B and repurchased approximately 1.8M shares during the quarter.
Future Guidance:
Adobe’s fiscal 2024 guidance for earnings per share of $17.60 - $18 on $21.3B - $21.5B in revenue fell short of Wall Street’s expectations of $18 per share and $21.73B in revenue.
This lead to shares dropping in after hours. The company’s CEO, Shantanu Narayen, remains confident in the growth potential of Creative Cloud subscriptions, despite some price increases and ongoing regulatory inquiries into the $20B Figma acquisition.
Adobe is also cooperating with a U.S. Federal Trade Commission inquiry regarding its subscription and cancellation practices, which could materially impact its financial performance.
🎨 Adobe recently reported slightly better earnings than expected, with Q3 revenue of $4.9B, a 10% increase from the previous year.
Last week, Adobe launched a new AI-powered Creative Cloud release, integrating generative AI capabilities into apps like Photoshop and Illustrator.
This release introduced Adobe Express Premium and the Adobe Firefly web application, enhancing user creativity with AI-driven features.
Adobe also announced a pricing update for Creative Cloud subscriptions, reflecting the added value of the new AI features, effective from November 1, 2023
Last week, Adobe launched a new AI-powered Creative Cloud release, integrating generative AI capabilities into apps like Photoshop and Illustrator.
This release introduced Adobe Express Premium and the Adobe Firefly web application, enhancing user creativity with AI-driven features.
Adobe also announced a pricing update for Creative Cloud subscriptions, reflecting the added value of the new AI features, effective from November 1, 2023
In 2013, Adobe revolutionized its business by shifting from one-time software sales to a subscription-based model, focused on its Creative Cloud.
This strategic move made its software more accessible and proved to be a winning bet.
Fast forward to fiscal year 2023, and subscription revenue now accounts for approximately 94% of Adobe’s total revenue, highlighting the success of this pivot.
Last night, the company reported earnings for Q1 FY24.
The report unveiled a new $25B stock repurchase program and detailed a $1B payment for the termination of Adobe’s proposed acquisition of Figma.
Despite beating analyst estimates for earnings and revenue, their forward-looking guidance disappointed investors, causing the stock to drop over 11% in after hours.
For Q2 FY24, Adobe forecasts revenue between $5.25B and $5.3B, slightly below analyst expectations of $5.31B.
Additionally, net new digital media revenue is anticipated to be $440M, falling short of the $469.8M predicted by analysts.
This strategic move made its software more accessible and proved to be a winning bet.
Fast forward to fiscal year 2023, and subscription revenue now accounts for approximately 94% of Adobe’s total revenue, highlighting the success of this pivot.
Last night, the company reported earnings for Q1 FY24.
The report unveiled a new $25B stock repurchase program and detailed a $1B payment for the termination of Adobe’s proposed acquisition of Figma.
Despite beating analyst estimates for earnings and revenue, their forward-looking guidance disappointed investors, causing the stock to drop over 11% in after hours.
For Q2 FY24, Adobe forecasts revenue between $5.25B and $5.3B, slightly below analyst expectations of $5.31B.
Additionally, net new digital media revenue is anticipated to be $440M, falling short of the $469.8M predicted by analysts.
ADBE 손익 계산서
매출총이익률 TTM87.89%
영업이익률 TTM33.64%
순이익률 TTM26.34%
투자수익률 TTM28.69%
총매출 순이익
2022
총매출17.61B
순이익4.76B
| 마감 기준: | 2022년 12월 02일 | 2021년 12월 03일 | 2020년 11월 27일 | 2019년 11월 29일 |
|---|---|---|---|---|
| 총매출 | 17606 | 15785 | 12868 | 11171.3 |
| 총 이익 | 15441 | 13920 | 11146 | 9498.58 |
| 영업 이익 | 6098 | 5802 | 4237 | 3268.12 |
| 순이익 | 4756 | 4822 | 5260 | 2951.46 |
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https://sorilovelylife.blogspot.com/2019/08/blog-post_25.html
미국투자 시 알아두면 좋은 사이트
https://sorilovelylife.blogspot.com/2020/08/blog-post_25.html
재밌고, 유익한 책 모음
https://sorilovelylife.blogspot.com/2020/04/adsbygoogle-window_67.html
돈버는 부동산정보 사이트모음 / 아파트거래량 보는 법 / 좋은 아파트 매물 찾는 법
https://sorilovelylife.blogspot.com/2022/01/blog-post_25.html
한국사람들이 생각하는 결혼에 대한 모든 것!!!
https://sorilovelylife.blogspot.com/2019/08/blog-post_99.html
시설관리는 무슨일을 할까?부터 시설관리업무 후기를 한눈에 보이게 모았다!!!
시설관리 정보를 보시길 원하시면 아래를 클릭하세요
https://sorilovelylife.blogspot.com/2019/08/blog-post.html
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