Adobe reported financial results for its second quarter fiscal year 2017 ended June 2,2017.
Financial Highlights
· Adobe achieved record quarterly revenue of $1.77 billion in its second quarter of fiscal year 2017.
· Adobe Experience Cloud achieved record revenue of $495 million, which represents 29 percent year-over-year growth.
‘‘Digital transformation continues to be the burning agenda for creative professionals, enterprises, governments and educational institutions,’’ said Shantanu Narayen, president and CEO, Adobe. ‘‘Adobe is the go-to company for creating world-class digital customer journeys from design to delivery to measurement and monetization.’’
‘‘Adobe continues to execute well, with another quarter of record revenue and operating profit in Q2," said Mark Garrett, executive vice president and CFO, Adobe. ‘‘We're excited about the strong business momentum we have as we enter the second half of fiscal 2017 and remain confident in our ability to drive strong revenue and earnings growth in the future.’’
Adobe to Webcast Earnings Conference Call
Adobe will webcast its second quarter fiscal year 2017 earnings conference call today at 2:00 p.m. Pacific Time from its investorrelations website: www.adobe.com/ADBE. Earnings documents, including Adobe management’s prepared conference callremarks with slides, financial targets and an investor datasheet are posted to Adobe’s investor relations website in advance of the conference call for reference. A reconciliation between GAAP and non-GAAP earnings results and financial targets is also provided on the website.