Adobe Reports Record Q4 and Fiscal 2021 Revenue; Company Outlines Strategy for Next Decade of Growth
Provider: View Original Type: Link Title: Adobe Reports Record Q4 and Fiscal 2021 Revenue; Company Outlines Strategy for Next Decade of Growth Description: Company reports first $3 billion Digital Media and first $1 billion Digital Experience revenue quarter; and exceeds $2 billion in operating cash flows in the quarter Adobe (Nasdaq:ADBE) today reported financial results for its fourth quarter and fiscal year 2021 ended Dec. 3, 2021. “Adobe’s record performance in Q4 resulted in fiscal 2021 revenue exceeding $15 billion,” said Shantanu Narayen, chairman and CEO, Adobe. “Adobe’s vision, category leadership, ground-breaking technology and large and
Adobe Names Brett Biggs and Spencer Neumann to its Board of Directors
Provider: View Original Type: Link Title: Adobe Names Brett Biggs and Spencer Neumann to its Board of Directors Description: Adobe (Nasdaq:ADBE) today announced the appointment of Brett Biggs and Spencer Neumann to its board of directors, effective immediately. The addition of Biggs and Neumann brings Adobe’s board of directors to 12 members following the announcement in November 2021 that Jim Daley was retiring after nearly two decades as an Adobe director. Biggs is currently executive vice president and chief financial officer for Walmart Inc., where he is responsible for all global finance and indirect procurement
Media Alert: Adobe Digital Price Index: Online Inflation Hits Another High in December
Provider: View Original Type: Link Title: Media Alert: Adobe Digital Price Index: Online Inflation Hits Another High in December Description: Online prices increased 3.1% year-over-year December marked 19th consecutive month of online inflation Consumers spent record $855 billion online in 2021, demonstrating strong growth in digital economy Adobe (Nasdaq:ADBE) today announced the latest online inflation data from the Adobe Digital Price Index (DPI). In December 2021, online prices increased 3.1% year-over-year (YoY) and 0.8% month-over-month (MoM). Meanwhile, consumer spending online for all of 2021 reached a record $855 billion, an
Media Alert: Adobe Digital Price Index: Online Inflation Remains Elevated in January at 2.7%
Provider: View Original Type: Link Title: Media Alert: Adobe Digital Price Index: Online Inflation Remains Elevated in January at 2.7% Description: January marked 20th consecutive month of online inflation Prices for groceries and medical supplies hit record highs Prices for electronics continued to drop 3.4% year-over-year Adobe (Nasdaq:ADBE) today announced the latest online inflation data from the Adobe Digital Price Index (DPI). In January 2022, online prices increased 2.7% year-over-year (YoY) and 1.1% month-over-month (MoM). This marks the 20 th consecutive month of YoY online inflation. December 2021 price increases (up 3.1% YoY) con
Adobe Positioned as a Leader in the 2022 Gartner® Magic Quadrant™ for Digital Experience Platforms
Provider: View Original Type: Link Title: Adobe Positioned as a Leader in the 2022 Gartner® Magic Quadrant™ for Digital Experience Platforms Description: Adobe named a Leader for fifth year in a row Recognized for highest Ability to Execute and furthest for Completeness of Vision Received highest score for B2C use case for Gartner Critical Capabilities for Digital Experience Platforms SAN JOSE, Calif. — Adobe (Nasdaq: ADBE) today announced that for the fifth year in a row, Gartner Inc. has named Adobe a Leader in the 2022 “Gartner® Magic Quadrant™ for Digital Experience Platforms” research report. Adobe was one of 16 vendors evaluat