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Adobe Inc. (ADBE) CEO Shantanu Narayen on Q2 2020 Results - Earnings Call Transcript

Jun. 11, 2020 11:12 PM ETAdobe Inc. (ADBE) Stock
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Adobe Inc. (NASDAQ:ADBE) Q2 2020 Earnings Conference Call June 11, 2020 5:00 PM ET

Company Participants

Jonathan Vaas - Vice President, Investor Relations

Shantanu Narayen - President and Chief Executive Officer

John Murphy - Executive Vice President and Chief Financial Officer

Conference Call Participants

Brent Thill - Jefferies

Keith Weiss - Morgan Stanley

Jennifer Lowe - UBS

Saket Kalia - Barclays Capital

Brad Zelnick - Credit Suisse

Mark Moerdler - Bernstein Research

Kirk Materne - Evercore ISI

Jay Vleeschhouwer - Griffin Securities

Kash Rangan - Bank of America

Keith Bachman - Bank of Montreal

Alex Zukin - RBC Capital Markets


Good afternoon and welcome to the Adobe Q2 FY ‘20 Quarterly Earnings Call. [Operator Instructions] Today’s conference is being recorded. I would like to turn the conference over to our Vice President of Investor Relations, Jonathan Vaas. Please go ahead, sir.

Jonathan Vaas

Good afternoon and thank you for joining us. With me on the call today from their home offices are Shantanu Narayen, Adobe’s President and CEO; John Murphy, Executive Vice President and CFO, as well as Mike Saviage, who in March announced his retirement as Adobe’s Head of Investor Relations and is continuing to assist with the transition.

On this call we will discuss Adobe’s second quarter fiscal year 2020 financial results. By now, you should have a copy of the press release, which crossed the wire approximately 1 hour ago. We have also posted PDFs of our prepared remarks and an updated datasheet on Adobe’s Investor Relations website.

Before we get started, we want to emphasize that some of the information discussed in this call, including our financial targets and product plans is based on information as of today, June 11 and contains forward-looking statements that involve risk, uncertainty and assumptions. Actual results may differ materially from those set forth in

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