Provider: View Original Type: Link Title: Adobe Reports Record Revenue Description: Remaining Performance Obligations exiting the quarter were $12.6 billion, up 22 percent year over year Adobe (Nasdaq:ADBE) today reported financial results for its third quarter fiscal year 2021 ended Sept. 3, 2021. Third Quarter Fiscal Year 2021 Financial Highlights Adobe achieved record revenue of $3.94 billion in its third quarter of fiscal year 2021, which represents 22 percent year-over-year growth. GAAP diluted earnings per share was $2.52, representing 28 percent year-over-year growth, an
Provider: View Original Type: Link Title: Adobe Appoints Dan Durn Chief Financial Officer Description: Adobe (Nasdaq:ADBE) today announced the appointment of Dan Durn as executive vice president and chief financial officer (CFO), effective October 18, 2021. Durn will assume the CFO role from Adobe executive vice president and CFO John Murphy, who announced his retirement earlier this year. Durn will report to Adobe president and CEO Shantanu Narayen and will oversee Adobe’s Accounting, Business Operations and Pricing, Financial Planning and Analysis, Financial Reporting, Investor Relations, Inter
Provider: View Original Type: Link Title: Adobe Completes Acquisition of Frame.io Description: Adobe (Nasdaq:ADBE) today announced the completion of its acquisition of Frame.io, a leading cloud-based video collaboration platform. The combination of Adobe’s leading video editing offerings—including Adobe Photoshop, Adobe Premiere Pro and Adobe After Effects—with Frame.io’s cloud-based review and approval functionality will radically accelerate the creative process and deliver an end-to-end video platform. The skyrocketing demand for video means video teams must create an ever-increasing volume of content in close collaboration with dispersed stakeholders. Today, video review and approval processes are disjointed across multiple channels, leading to inefficient, time-intensive workflows. To address these inefficiencies, video tools need to be cloud-first with collaboration at the center, enabling every stakeholder to effectively contribute to the creative process with the appropriate controls, feedback mechanisms, and security. With over a million users, Frame.io streamlines the
Adobe MAX 2021: Unleashing Creativity for All with the Next Generation of Creative Cloud
Provider: View Original Type: Link Title: Adobe MAX 2021: Unleashing Creativity for All with the Next Generation of Creative Cloud Description: Adobe Introduces Innovation Across Creative Cloud Powered by Adobe Sensei, Accelerates Video Creation and Collaboration Across Stakeholders with Addition of Frame.io, Advances 3D and Immersive Categories and Previews Photoshop and Illustrator on the Web Today, Adobe (Nasdaq:ADBE) kicked off Adobe MAX 2021 , the largest creativity conference in the world. The company delivered innovation across Creative Cloud flagship applications and introduced new collaboration capabilities to fuel new levels o
Media Alert: Adobe Analytics Student Challenge Joins Forces with Disney to Advance Digital Literacy
Provider: View Original Type: Link Title: Media Alert: Adobe Analytics Student Challenge Joins Forces with Disney to Advance Digital Literacy Description: SAN JOSE, Calif. — The Adobe Analytics Student Challenge is the only global competition where college students can win prize money, while also walking away with in-demand skills for the workplace today. It has launched careers in fields from data science and product management, to consulting and marketing. Teams from universities and colleges around the world are given several weeks to analyze real data provided by a brand partner and tasked to help the organization solve a pressing busine
Real Madrid and Adobe Partner to Bring Global Fans Premium Entertainment Experiences
Provider: View Original Type: Link Title: Real Madrid and Adobe Partner to Bring Global Fans Premium Entertainment Experiences Description: LONDON, U.K. — 9th November 2021 – Adobe today announced a partnership with Spanish sporting giant Real Madrid C.F., to accelerate the club’s growth in the digital experience economy and turn one of the world’s most prestigious football clubs into an unrivalled global entertainment and lifestyle brand. Using Adobe Experience Cloud , Real Madrid will connect fans from around the world through an immersive sports entertainment experience, both on and off-line. Real Madrid is one of the highe