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A little more on Adobe: Marketing Cloud bookings +25% Y/Y. 26% of Digital Marketing transactions...

Jun. 18, 2013 4:43 PM ETAdobe Inc. (ADBE) StockADBEBy: Eric Jhonsa, SA News Editor3 Comments

A little more on Adobe: Marketing Cloud bookings +25% Y/Y. 26% of Digital Marketing transactions now mobile (25% in FQ1). 42% of Adobe's (NASDAQ:ADBE) Document Services (Acrobat) revenue subscription-based; 1M+ paid subs. 3.9M shares repurchased. R&D spend +12% Y/Y to $203M, sales/marketing spend +4% to $402M. Company on track to reach goal of 1.25M Creative Cloud subs by end of FY13; 93% of CC subs on annual (rather than monthly) plans. Deferred revenue -1% Q/Q to $691.3M. 35% of company's revenue recurring at end of FQ2, up from 31% at end of FQ1. (PR)

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