CLAIM #3992 · Adobe Systems Incorporated (ADBE) · 2022Q2 earnings call · Jun 16, 2022 · due Nov 30, 2022
“We continue to see strong demand for our products in the second half of FY 2022 will continue to win in the digital media business through product innovation across Creative Cloud and Document Cloud, which are targeting a broad growing base of customers.”
David Wadhwani · President, Digital Media
How to check this claim
Look at: Digital Media segment revenue growth, year-over-year, for FY2022 second half (Q3 and Q4 FY2022 combined)
It came true if: Digital Media segment revenue growth year-over-year > 0% for both Q3 and Q4 FY2022
Where: Adobe quarterly earnings release / 10-Q and 10-K segment revenue disclosures
In context
“ed in Acrobat mobile, and hundreds of millions of cumulative Adobe scan installs. Acrobat and Adobe sign integration continues to drive strong demand for Adobe sign as users increasingly send PDFs for signature directly from the unified Acrobat experience. Acrobat and Adobe Express integrations now give hundreds of millions of Acrobat users the ability to embed customized templates and make their PDFs visually stunning. And Acrobat and Sign API's are thriving as customers increasingly customize, integrate and automate document services. We're thrilled with the momentum we see in the Acrobat ecosystem, and our business performance across routes to market and customer segments, including key enterprise customer wins with automatic data processing, Duke Energy, Quanta services and U.S. Bank. We continue to see strong demand for our products in the second half of FY 2022 will continue to win in the digital media business through product innovation across Creative Cloud and Document Cloud, which are targeting a broad growing base of customers. Our tremendous scale, consistent marketing investments, proven data driven operating model and new product lead growth initiatives are accelerating our momentum across our new and established businesses. I'll now pass it to Anil. Anil Chakravarthy: Thanks, David. Hello, everyone. Even in this uncertain economy, every business continues to prioritize its digital investment. Our June Adobe Digital Index report, which leverages trillions of data points from Adobe analytics found that consumers spent a billion dollars more online in May, compared to April. Year-to-date, shoppers have spent over $377 billion online, which is roughly 9% more than the same period last year. Driving this digital momentum is the imperative for personalized customer experiences at scale. Adobe Experience Cloud is t”
Verify independently
SEC filings for ADBE ↗ · Claim quote is verbatim from the 2022Q2 earnings call.