March 23, 2017

Adobe Posts Subscription Revenue of $1.38 Billion for Q1 FY2017

Last Thursday Adobe (NASDAQ: ADBE) reported its first quarter fiscal year 2017 results for the period ended March 3, 2017, achieving record results for revenue, profit and cash flow. Motley Fool calls the quarter Adobe’s “best-ever.” Quarterly revenue was $1.68 billion, an increase of $298.3 million year-over-year. Subscription revenue for the first quarter was $1.38 billion, an increase of $313.6 million year-over-year.

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Retention Dial

How To Maximize SaaS and Software Renewals

Learn how to maximize SaaS and software retention rates. During this on-demand seminar, Adriana Iordan-expert in global eCommerce and payments and Chief Product Officer at Avangate-will teach attendees why SaaS subscription businesses face unique customer retention challenges and how to handle them. This session includes benchmark data, best practice tactics, and three separate case studies to help you learn how to overcome the unique challenges SaaS recurring businesses face.

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