Adobe inc - company raises q4 fy2019 digital media net new arr target

Company raises q4 fy2019 digital media net new arr target.on track to achieve q4 revenue of $2.97 billion, and its q4 earnings per share targets of approximately $1.68 on a gaap-basis.on track to achieve q4 earnings per share target of approximately $2.25 on a non-gaap basis.sees 2020 total adobe revenue about $13.15 billion.sees 2020 digital media segment revenue of about 19 percent year-over-year growth.sees fy 2020 earnings per share gaap of about $7.40 and non-gaap of about $9.75.fy2020 earnings per share view $9.70, revenue view $13.14 billion -- refinitiv ibes data.q4 earnings per share view $2.26, revenue view $2.97 billion -- refinitiv ibes data.sees 2020 digital media annualized recurring revenue of about $1.55 billion of net new arr.raising its q4 fiscal year 2019 digital media net new annualized recurring revenue (arr) target to approximately $475 million.adobe leadership in creativity, digital documents and customer experience management categories drives next era of growth.
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