Adobe sees strong Q4 with $1.07B in revenue, 644K new paying Creative Cloud subscribers# MobileDevelopment - 移动开发
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Adobe now has 3.454 million paying Creative Cloud subscribers, the company
revealed in its fourth quarter financial report today.
Adobe originally predicted it would reach 3.3 million paying subscribers by
the end of 2014.
Adobe reported revenues of $1.073 billion and non-GAAP earnings per share of
$0.36 for the fourth quarter. Analysts had expected $1.06 billion in
revenues with earnings of $0.30 per share. Adobe predicted it would bring in
between $1.025 billion and $1.075 billion in revenues with GAAP earnings of
$0.05 to $0.11 and non-GAAP earnings of $0.26 to $0.32.
To put Adobe’s fourth quarter financials simply: The company surpassed
expectations.
Is Adobe’s subscription business working?
Revenues aside, investors are likely to focus on the company’s subscription
business more than anything else. And indeed, Adobe’s steady, predictable
subscriber growth is already affecting the company in after-hours trading.
Adobe added 644,000 paying customers to its pool of Creative Cloud
subscribers, up from the 2.81 million paying subscribers it reported last
quarter. For the record, Adobe reported 2.308 million paying subscribers for
Q2 2014 and 1.844 million for Q1 2014.
adobe
It’s now been well over a year since Adobe announced plans to kill off its
classic Creative Suite bundle for a subscription service, but Creative Cloud
isn’t entirely in the clear yet. The company’s suite of apps can last
designers and photographers quite a few years. And so, the company’s
subscription campaign carries on.
revealed in its fourth quarter financial report today.
Adobe originally predicted it would reach 3.3 million paying subscribers by
the end of 2014.
Adobe reported revenues of $1.073 billion and non-GAAP earnings per share of
$0.36 for the fourth quarter. Analysts had expected $1.06 billion in
revenues with earnings of $0.30 per share. Adobe predicted it would bring in
between $1.025 billion and $1.075 billion in revenues with GAAP earnings of
$0.05 to $0.11 and non-GAAP earnings of $0.26 to $0.32.
To put Adobe’s fourth quarter financials simply: The company surpassed
expectations.
Is Adobe’s subscription business working?
Revenues aside, investors are likely to focus on the company’s subscription
business more than anything else. And indeed, Adobe’s steady, predictable
subscriber growth is already affecting the company in after-hours trading.
Adobe added 644,000 paying customers to its pool of Creative Cloud
subscribers, up from the 2.81 million paying subscribers it reported last
quarter. For the record, Adobe reported 2.308 million paying subscribers for
Q2 2014 and 1.844 million for Q1 2014.
adobe
It’s now been well over a year since Adobe announced plans to kill off its
classic Creative Suite bundle for a subscription service, but Creative Cloud
isn’t entirely in the clear yet. The company’s suite of apps can last
designers and photographers quite a few years. And so, the company’s
subscription campaign carries on.
