Adobe Non-GAAP EPS of $4.81 beats by $0.14, revenue of $5.61B beats by $70M
Contributor since / Followers
- Adobe press release (NASDAQ:ADBE): Q4 Non-GAAP EPS of $4.81 beats by $0.14.
- Revenue of $5.61B (+11.1% Y/Y) beats by $70M.
- FY2024 Net New Digital Media ARR exceeds $2.0 billion
- FY2024 Digital Experience revenue exceeds $5.3 billion
- Record Q4 operating cash flows of $2.92 billion
- Record RPO of $19.96 billion, 16 percent year-over-year growth
- Q4 non-GAAP operating income was $2.60 billion.
- Record cash flows from operations were $2.92 billion.
- Remaining Performance Obligations exiting the quarter were $19.96 billion.
- Adobe repurchased approximately 4.6 million shares during the quarter.
- Net new Digital Media Annualized Recurring Revenue was $578 million, exiting the quarter with Digital Media ARR of $17.33 billion. Document Cloud ARR grew to $3.48 billion and Creative ARR grew to $13.85 billion.
-
The following table summarizes Adobe’s first quarter fiscal year 2025 targets2:
Total revenue
$5.63 billion to $5.68 billion vs. consensus $5.72B
Digital Media segment revenue
$4.17 billion to $4.20 billion
Digital Experience segment revenue
$1.38 billion to $1.40 billion
Digital Experience subscription revenue
$1.27 billion to $1.29 billion
Earnings per share
GAAP: $3.85 to $3.90
Non-GAAP: $4.95 to $5.00 vs. consensus $4.94
- The following table summarizes Adobe’s fiscal year 2025 targets1:
-
Total revenue
$23.30 billion to $23.55 billion vs. consensus $23.80B.
Digital Media segment revenue
$17.25 billion to $17.40 billion
Digital Media ending ARR growth
11.0% year over year
Digital Experience segment revenue
$5.80 billion to $5.90 billion
Digital Experience subscription revenue
$5.375 billion to $5.425 billion
Earnings per share
GAAP: $15.80 to $16.10
Non-GAAP: $20.20 to $20.50 vs. consensus $20.53
- Shares -2.71%.