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CLAIM #3956 · Adobe Systems Incorporated (ADBE) · 2021Q4 earnings call · Dec 16, 2021 · due Nov 25, 2022

And clearly, we factored that into our guidance for fiscal 2022, which is the strongest ARR guide that we've ever guided to.

Shantanu Narayen · CEO

PENDING
graded after results covering Nov 25, 2022 are reported

How to check this claim

Look at: Fiscal 2022 ARR (annual recurring revenue) guidance/growth as disclosed by Adobe

It came true if: FY2022 ARR guidance figure, as given at the time, represents the highest ARR growth guide in company history (i.e., higher than any prior fiscal year's initial ARR guide)

Where: Company guidance disclosed in earnings release/call (fiscal 2022 guidance) and subsequent 10-K/earnings commentary

In context

nd so, the Teams is offering and the strength in the small and medium business was great. Enterprise, we actually actively redirected and pivoted the team to think about video and Frame and how we were continuously selling it, as I said, it closed early in the quarter. And so, Enterprise had the traditional Q4 strength as well, that we normally expect. The individual demand was actually fairly strong right through the year. As Dan mentioned, maybe the one slight change is that as you think about what's happening with online shopping, while we continue to see demand up into the right, we perhaps did not see as much of the spike, as you would have perhaps seen traditionally in either the Black Friday or the Cyber Monday weeks. But apart from that, strength and demand continues to be strong. And clearly, we factored that into our guidance for fiscal 2022, which is the strongest ARR guide that we've ever guided to. I think as it relates to the product and the differentiation, maybe I'll have Scott touch on that, and then David can certainly speak to other issues of the business. Scott Belsky: Sure. In terms of product differentiation for Creative Cloud, I mean, what a year we had. We delivered some of the mind-blowing Adobe Magic throughout our actual Pro products, neuro filters in Photoshop, for example, a lot of the collaboration features and we really made a proclamation that Creative Cloud going forward will be as much about collaboration, as it is about Creativity, which if you think about it invites many more stakeholders of Creativity into the fold. And that's where we're seeing across all of our enterprise as well as small businesses. Everyone wants to be a stakeholder and have a say and be

Verify independently

SEC filings for ADBE · Claim quote is verbatim from the 2021Q4 earnings call.