| From: JakeStraw | 10/16/2018 11:27:44 AM | | | | | | | Adobe Systems had its price target raised by analysts at Barclays PLC from $297.00 to $304.00. They now have an "overweight" rating on the stock. |
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| From: JakeStraw | 10/18/2018 10:58:02 AM | | | | | | Adobe's 'Fast Mask' can edit one object across an entire video clip
engadget.com
Fast Mask allows you to select an entire object (a person, for example) with just a few clicks. The feature then works across multiple frames of the video, meaning you select the object once and can edit the rest of the video around it. Project Fast Mask also uses Adobe Sensei to reduce a very time-consuming process to just a few clicks. |
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| From: JakeStraw | 12/14/2018 8:08:09 AM | | | | | | Adobe Reports Record Quarterly and Annual Revenue
Thu December 13, 2018
seekingalpha.com
In its fourth quarter of fiscal year 2018, Adobe achieved record quarterly revenue of $2.46 billion, which represents 23 percent year-over-year growth. In fiscal year 2018, Adobe achieved record annual revenue of $9.03 billion, which represents 24 percent year-over-year growth.
"Adobe achieved record revenue of greater than $9 billion and delivered outstanding earnings performance in fiscal 2018," said Shantanu Narayen, president and CEO, Adobe. "In 2018 we made significant investments across our product portfolio, entered new markets, and made strategic acquisitions which we believe will fuel continued top and bottom-line performance.” |
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| From: JakeStraw | 12/14/2018 11:42:57 AM | | | | | | | Adobe had its price target raised by analysts at BMO Capital Markets from $295.00 to $300.00. They now have an "outperform" rating on the stock. |
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| From: JakeStraw | 1/24/2019 7:46:39 AM | | | | | | Adobe today announced that it has acquired Allegorithmic, the French company behind the Substance tools for creating textures that are widely used by AAA game creators, as well as visual effects artists, animators and designers. Over time, Adobe will bring many of Allegorithmic’s technologies to its various Creative Cloud tools, many of which already offer complementary tools. Beyond those integrations, though, what this acquisition is really about is the fact that 3D design and creating 3D content is becoming increasingly important for the creatives who use Adobe’s tools. With Adobe Dimension and, more recently, Project Aero for creating AR experiences, the company has started focusing on 3D, and this acquisition will bring both talent and technology to the company.
techcrunch.com |
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| From: JakeStraw | 3/15/2019 8:00:56 AM | | | | | | Adobe Reports Record Revenue
Strong Results Include Record Adobe Document Cloud Performance; Company Increases Fiscal 2019 Targets
businesswire.com
“Adobe is fueling the creative economy, driving the paper-to-digital revolution and enabling businesses to transform through our leadership in customer experience management,” said Shantanu Narayen, president and CEO, Adobe. "Our results in Q1 reflect continued momentum across Adobe Creative Cloud, Document Cloud and Experience Cloud."
“We’re off to a strong start in fiscal 2019, with record revenue, strong earnings and more than $1 billion of operating cash flow in our first quarter," said John Murphy, executive vice president and CFO, Adobe. |
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