Adobe today said it targets 20 percent revenue growth (CAGR) between FY 2015 and 2018.
Adobe will host a financial analyst meeting at its Adobe MAX user conference to outline its strategy, and discuss multi-year financial growth targets for its business.
FY2015 – FY2018 Financial Targets
Total Adobe revenue – Approximately 20 percent CAGR
Digital Media segment revenue – Greater than 20 percent CAGR
Digital Media ARR – Greater than 20 percent CAGR
Adobe Marketing Cloud revenue – Greater than 20 percent CAGR
Adobe Marketing Cloud bookings – Approximately 30 percent CAGR
Non-GAAP earnings per share – Approximately 30 percent CAGR
Operating cash flow – Approximately 25 percent CAGR
FY2016 Financial Targets
Total Adobe revenue – Approximately $5.7 billion
Digital Media segment revenue – Approximately 20 percent growth
Digital Media ARR – Approximately 25 percent growth
Adobe Marketing Cloud revenue – Approximately 20 percent growth
Adobe Marketing Cloud bookings – Approximately 30 percent growth
GAAP earnings per share – Approximately $1.80
Non-GAAP earnings per share – Approximately $2.70
“Adobe is the only company that brings great content and powerful data together, enabling millions of customers globally to build high-impact digital experiences,” said Shantanu Narayen, Adobe president and chief executive officer. “We are targeting 20 percent revenue and 30 percent non-GAAP earnings CAGRs between FY15 and FY18 that reflect our business momentum and growing addressable markets.”
Arya MM
editor@infotechlead.com
