LOS ANGELES–(BUSINESS WIRE)–Oct 15, 2018–Adobe (Nasdaq:ADBE) today will host a banking analyst affair with investors and banking analysts at its Adobe MAX Creativity Conference.
At today’s affair in Los Angeles, Adobe’s controlling aggregation will altercate the company’s advertisement advance opportunities and strategies beyond anniversary of its aloft businesses. As allotment of its presentation, Adobe will outline abundant advance drivers and appearance analysis abstracts that the company’s absolute addressable bazaar has advertisement from about $83 billion in 2020 to about $108 billion by 2021.
Adobe is reaffirming its accepted Q4 budgetary year 2018 acquirement and balance per allotment targets. The aggregation is additionally accouterment basic advance targets for budgetary year 2019. These targets do not reflect Adobe’s planned accretion of Marketo, which the aggregation expects to aing during Q4 budgetary year 2018.
“Our action of allotment bodies to actualize and transforming how businesses attempt is arch to beyond addressable bazaar opportunities and the abeyant for accelerated acquirement and balance growth,” said Shantanu Narayen, admiral and CEO, Adobe. “Our 2019 advance targets reflect our connected drive and bazaar leadership.”
Adobe Provides Basic FY2019 Advance Targets
At today’s banking analyst meeting, Adobe is accouterment basic advance targets for its budgetary year 2019, which are abbreviated in the table below.
Adobe expects to address Q4 budgetary year 2018 banking after-effects and accommodate budgetary year 2019 acquirement and balance per allotment targets on Dec. 13, 2018. These after-effects and targets are accepted to accommodate the appulse of the accretion of Marketo.
Adobe Reaffirms Q4 Acquirement and Balance Targets
As allotment of its affair today, Adobe is acknowledging it is on clue to accomplish Q4 budgetary year 2018 acquirement of $2.42 billion. The Aggregation additionally declared it is on clue to accomplish its Q4 balance per allotment targets of $1.42 on a GAAP-basis, and $1.87 on a non-GAAP basis, as able-bodied as accommodated added banking metrics it targeted for the quarter. These targets do not reflect the appulse of Adobe’s awaiting accretion of Marketo.
A adaptation amid GAAP and non-GAAP balance per allotment targets is provided after in this columnist release.
Adobe to Webcast Banking Analyst Meeting
Adobe will webcast its affair with banking analysts and investors in appearance at Adobe MAX alpha at 5 p.m. Eastern Time today. Bodies can admission the webcast and slides from this accident from the Adobe Broker Relations webpage at http://www.adobe.com/ADBE. The alive video webcast will aftermost about three hours and will be archived on Adobe’s website for about 45 days. There will be no buzz dial-in capability.
Forward-Looking Statements Disclosure
This columnist absolution contains advanced statements, including those accompanying to business drive and strategy, bazaar expansion, the closing of the Marketo acquisition, revenue, earnings, annualized alternating revenue, bookings, operating banknote flow, non-operating added expense, GAAP and non-GAAP tax rate, GAAP and non-GAAP balance per allotment and allotment count, all of which absorb risks and uncertainties that could account absolute after-effects to alter materially. Factors that ability account or accord to such differences include, but are not bound to: abortion to develop, acquire, bazaar and action articles and casework that accommodated chump requirements, abortion to attempt effectively, addition of new technology, circuitous sales cycles, risks accompanying to the timing of acquirement acceptance from our cable offerings, fluctuations in cable face-lifting rates, risks associated with cyber-attacks, abeyant interruptions or delays in hosted casework provided by us or third parties, advice aegis and privacy, abortion to apprehend the advancing allowances of accomplished or approaching acquisitions, changes in accounting attempt and tax regulations, ambiguity in the banking markets and bread-and-er altitude in the countries area we operate, and added assorted risks associated with actuality a bunch corporation.
For a altercation of these and added risks and uncertainties, amuse accredit to Adobe’s Annual Address on Form 10-K for our budgetary year 2017 concluded Dec. 1, 2017, and Adobe’s Quarterly Reports on Form 10-Q issued in budgetary year 2018.
Adobe assumes no obligation to, and does not currently intend to, amend these advanced statements.
Adobe is alteration the apple through agenda experiences. For added information, appointment www.adobe.com.
© 2018 Adobe, Inc. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or added countries. All added trademarks are the acreage of their corresponding owners.
Use of Non-GAAP Banking Information
Adobe continues to accommodate all advice appropriate in accordance with GAAP, but believes evaluating its advancing operating after-effects may not be as advantageous if an broker is bound to reviewing alone GAAP banking measures. Adobe uses non-GAAP banking advice to appraise its advancing operations and for centralized planning and forecasting purposes. Adobe’s administration does not itself, nor does it advance that investors should, accede such non-GAAP banking measures in a from, or as a acting for, banking advice able in accordance with GAAP. Adobe presents such non-GAAP banking measures in advertisement its banking after-effects to accommodate investors with an added apparatus to appraise Adobe’s operating results. Adobe believes these non-GAAP banking measures are advantageous because they acquiesce for greater accuracy with account to key metrics acclimated by administration in its banking and operational decision-making. This allows institutional investors, the analyst association and others to bigger accept and appraise our operating after-effects and approaching affairs in the aforementioned address as management.
Adobe’s administration believes it is advantageous for itself and investors to review, as applicable, both GAAP advice that may accommodate items such as stock-based and deferred advantage expenses, restructuring and added charges, acquittal of purchased affluence and assertive action in affiliation with technology authorization arrangements, advance assets and losses and the accompanying tax appulse of all of these items, assets tax adjustments, the assets tax aftereffect of the non-GAAP pre-tax adjustments from the accouterment for assets taxes, and the non-GAAP measures that exclude such advice in adjustment to appraise the achievement of Adobe’s business and for planning and forecasting in consecutive periods. Whenever Adobe uses such a non-GAAP banking measure, it provides a adaptation of the non-GAAP banking admeasurement to the best carefully applicative GAAP banking measure. Investors are encouraged to analysis the accompanying GAAP banking measures and the adaptation of these non-GAAP banking measures to their best anon commensurable GAAP banking admeasurement as abundant above.
View antecedent adaptation on businesswire.com:https://www.businesswire.com/news/home/20181015005345/en/
Investor Relations Contact
Mike Saviage, 408-536-4416
Dan Berthiaume, 408-536-2584
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Copyright Business Wire 2018.
PUB: 10/15/2018 04:05 PM/DISC: 10/15/2018 04:05 PM
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