CLAIM #3993 · Adobe Systems Incorporated (ADBE) · 2022Q2 earnings call · Jun 16, 2022 · due Nov 30, 2022
“Looking ahead, our category leading solutions, strong pipeline and tremendous scale through our partner ecosystem, position us to deliver personalization at scale across every industry and drive strong growth in the second half.”
Anil Chakravarthy · President, Digital Experience
How to check this claim
Look at: Digital Experience segment revenue growth, year-over-year
It came true if: Second-half fiscal 2022 (Q3+Q4) Digital Experience revenue growth rate >= first-half fiscal 2022 growth rate
Where: Adobe quarterly earnings release / segment reporting (10-Q, 10-K)
In context
“adership in helping businesses effectively manage their content supply chain from creation through delivery. Tremendous growth in demand for partner and Adobe Professional Services, underscoring the urgency for implementation and value realization and key customer wins including Audio book [ph], Anthem, Bank of Nova Scotia, Humana, McDonald's, Stellantis, and Toyota. Reinforcing our leadership position, Adobe continued to receive strong industry analyst recognition, including being named number one by Gartner for both the marketing sub segment of customer experience and relationship management and digital experience platforms. We've also named the leader in the inaugural IDC MarketScape for worldwide retail and CPG customer data platforms and the IDC MarketScape for professional services. Looking ahead, our category leading solutions, strong pipeline and tremendous scale through our partner ecosystem, position us to deliver personalization at scale across every industry and drive strong growth in the second half. Dan, over to you. Dan Durn: Thanks, Anil. Today, I will start by summarizing Adobe’s performance in Q2 fiscal 2022, highlighting growth drivers across our businesses, and I’ll finish with targets. Adobe delivered a strong quarter, surpassing our issued Q2 financial targets in an uncertain macro environment. On the top line, we grew revenue by 14% year-over-year, or 15% in constant currency, while making long term growth investments, we delivered operating margins of 35% on a GAAP basis and 45% on a non-GAAP basis continuing to be one of the most predictable and profitable growth companies in technology We have three strategic businesses growing into massive addressable markets, with differentiated products used by hundreds of millions of individuals every month. In addition to our establ”
Verify independently
SEC filings for ADBE ↗ · Claim quote is verbatim from the 2022Q2 earnings call.