Adobe Systems Incorporated (ADBE) - NASDAQ
  • Jun. 20, 2012, 9:10 AM
    Premarket gainers: IDIX +15%. GALE +5%.
    Losers: ADBE -7%. NBG -6%. CIM -6%.
    | Jun. 20, 2012, 9:10 AM
  • Jun. 19, 2012, 4:22 PM

    More on Adobe's FQ2: Deferred revenue rose $43.9M Q/Q to $592.8M, and digital marketing sales (boosted by acquisitions) rose 35% Y/Y. Citing weak Euro demand, Adobe expects FQ3 revenue of $1.075B-$1.125B and EPS of $0.56-$0.61, mostly below a consensus of $1.13B and $0.61. It expects FY12 revenue growth of 6%-7% and EPS of $2.40-$2.46 vs. a consensus of 6.6% and $2.44. FQ3 guidance could heighten concerns about the transition to a subscription model. ADBE -4.7% AH. (PR)

    | Jun. 19, 2012, 4:22 PM
  • Jun. 19, 2012, 4:06 PM
    Adobe (ADBE): FQ2 EPS of $0.60 beats by $0.01. Revenue of $1.12B (+10% Y/Y) beats by $10M. Shares -4.4% AH. (PR)
    | Jun. 19, 2012, 4:06 PM | 1 Comment
  • Jun. 19, 2012, 12:10 AM
    Notable earnings after Tuesday's close: ADBE, JBL
    | Jun. 19, 2012, 12:10 AM
  • Jun. 18, 2012, 5:35 PM
    Notable earnings after Tuesday's close: ADBE, JBL
    | Jun. 18, 2012, 5:35 PM
  • Jun. 14, 2012, 6:24 PM

    Microsoft (MSFT), Nuance (NUAN), and Guidewire (GWRE) are the best software stocks to own in a weak economy, argues Deutsche's Tom Ernst. On the flip side, he sees companies with high average selling prices and upcoming product refreshes, such as Adobe (ADBE - previous), as being at risk should enterprises hold off on new projects, though the fact valuations have compressed for many names could limit downside.

    | Jun. 14, 2012, 6:24 PM
  • Jun. 14, 2012, 12:39 PM

    Jefferies' Ross MacMillan is worried about Adobe's (ADBE -0.3%) transition to a cloud subscription model for its flagship Creative Suite product, and is downgrading shares to Hold as a result. Whereas Adobe receives huge up-front licensing fees for traditional Creative Suite sales, it receives monthly subscription revenue for Creative Cloud, and MacMillan believes that, along with a recent 40%-off promotion, could hurt Adobe's near-term top-line.

    | Jun. 14, 2012, 12:39 PM | 1 Comment
  • May 14, 2012, 5:24 PM

    Adobe (ADBE) is expanding its board by 3 members: the new additions are Comcast VC Amy Banse, Cisco CFO Frank Calderoni, and Starcom MediaVest CEO Laura Desmond. It's not a coincidence two of the additions have media industry ties, given Adobe's recent efforts to bolster its ad tech business.

    | May 14, 2012, 5:24 PM
  • Apr. 23, 2012, 2:46 PM

    Adobe (ADBE) takes the wraps off Creative Suite 6 and Creative Cloud. CS6 suites will sell for $1,899-$2,599, whereas annual subscriptions to Creative Cloud, which give users access to all CS6 apps to go with web services, will cost just $50/month (as expected). The aggressive pricing for Creative Cloud has led some to worry about revenue transition issues, but given Adobe's weak sales growth, it may be a risk worth taking. (previous)

    | Apr. 23, 2012, 2:46 PM | 1 Comment
  • Apr. 12, 2012, 5:43 PM

    Adobe (ADBE) +1.3% AH after announcing a $2B stock buyback plan, good for acquiring 12% of outstanding shares based on today's close. Adobe, which had $2.8B in cash and investments on its balance sheet as of March 2, also says an existing $1.6B authorization due to expire in FY12 has been used up.

    | Apr. 12, 2012, 5:43 PM | 1 Comment
  • Apr. 12, 2012, 10:47 AM
    Hedge fund ValueAct increases its position in Adobe (ADBE +0.8%) to 6.1% from 5% at the end of 2011. (13D)
    | Apr. 12, 2012, 10:47 AM
  • Apr. 12, 2012, 9:00 AM

    As part of its much-anticipated CS6 suite, Adobe (ADBE) is rolling out a major upgrade to its Premiere Pro video editing solution, one that includes a new UI and playback engine, support for higher resolutions, and expanded multicam editing capabilities. It's worth noting the Premiere Pro upgrade is being announced just a day after rival Avid Technology (AVID -16.3%) issued a Q1 warning.

    | Apr. 12, 2012, 9:00 AM
  • Apr. 11, 2012, 5:16 PM

    Avid Technology (AVID) has resumed trading following its Q1 warning, and is currently down 18.2% AH. With Avid specifically blaming weakness in "creative enthusiast" solutions, questions about further market share losses at the hands of cheaper products such as Adobe's (ADBE) Premiere Pro and Apple's (AAPL) Final Cut Pro are bound to be raised.

    | Apr. 11, 2012, 5:16 PM
  • Mar. 28, 2012, 11:54 AM

    Adobe (ADBE -0.6%) plans to charge developers a 9% royalty beginning in August if they churn up more than $50K in sales from a single application. It's a somewhat bold move by the company given that it wants to attract talented developers even with its products frozen out of Apple iOS products.

    | Mar. 28, 2012, 11:54 AM
  • Mar. 28, 2012, 11:05 AM

    Adobe (ADBE) continues to pitch Flash, abandoned in the mobile realm and also under siege from HTML5 in the PC world, as a solution for high-end multimedia content (previously). The company is releasing new performance-enhancing features for Flash developers, with the goal of enabling "console-quality gaming." It plans to charge 9% of a developer's net revenue beyond $50K for use of the features.

    | Mar. 28, 2012, 11:05 AM
  • Mar. 22, 2012, 9:36 AM

    Adobe (ADBE) has released a free public beta of its anticipated Photoshop CS6 image-editing solution. It's the first beta released for Photoshop in 7 years, as Adobe tries to stoke interest in its $50/month Creative Cloud offering. Reviewers praise Photoshop CS6's revamped UI, improved performance, and 65 user feedback-driven new features.

    | Mar. 22, 2012, 9:36 AM
Company Description
Adobe Systems, Inc. provides digital marketing and digital media solutions. The company operates its business through three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment offers creative cloud services, which allow members to download and install... More
Sector: Technology
Industry: Application Software
Country: United States