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Posts Tagged ‘RecordBreaking’

Adobe reveals record-breaking quarterly revenue in Q2 2018

20 Jun

Adobe has announced a new quarterly revenue record of $ 2.20 billion for its 2018 second fiscal quarter. The company saw 22% growth to $ 1.55 billion in its Digital Media segment, which includes $ 1.30 billion for Creative and a record $ 243 million for Document Cloud. The company’s Digital Experience segment experienced 18% growth to hit $ 586 million during Q2 2018, as well.

Overall, Adobe saw its year-on-year net income increase 77% on a GAAP-basis, as well as a 39% operating income increase. Looking at its Digital Media Annualized Recurring Revenue (ARR), Adobe saw its second fiscal quarter end with a $ 343 million increase to $ 6.06 billion. The Creative ARR hit $ 5.37 billion, while Document Cloud ARR increased to $ 694 million.

Talking about the record quarter, Adobe President and CEO Shantanu Narayen said:

Adobe delivers all the capabilities to enable transformative digital experiences, including content creation and management, predictive analytics and commerce. Our record results in Q2 reflect continued execution against this significant opportunity where Adobe is the clear market leader.

Narayen cited a partnership with Microsoft as a factor contributing to the favorable quarterly results, according to CNBC. Having beat analysts expectations this in Q2, Adobe anticipates third fiscal quarterly revenue of $ 2.24 billion.

Via: Adobe

Articles: Digital Photography Review (dpreview.com)

 
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Adobe announces record-breaking $1.84 billion in revenue for Q3

21 Sep

Adobe has once again posted record quarterly revenue, this time for the fiscal quarter that ended on September 1, 2017. The software company experienced a 26% year-on-year revenue growth with $ 1.84 billion in its third fiscal quarter this year. Of that, $ 1.27 billion came from the company’s Digital Media segment, including Creative Cloud. On a GAAP basis, Adobe saw its year-on-year net income grow 55% and its operating income grow 48%.

We’ll give you a moment to take that in… 55% net income growth, and a fiscal quarter of $ 1.84 billion. The jump to a subscription model is treating the company VERY well.

This marks yet another high point for Adobe, which previously posted record revenue during its second fiscal quarter ending in June 2017. During its Q2, Adobe made then record-setting $ 1.77 billion with its Digital Media segment having driven that revenue.

Looking forward, Adobe anticipates fourth fiscal quarterly revenue of $ 1.95 billion, which would once again keep it in line with analysts’ expectations and set yet another record. Financial highlights from Adobe for Q3 are listed below:

  • Adobe achieved record quarterly revenue of $ 1.84 billion in its third quarter of fiscal year 2017, which represents 26 percent year-over-year revenue growth.
  • Diluted earnings per share was $ 0.84 on a GAAP-basis, and $ 1.10 on a non-GAAP basis.
  • Digital Media segment revenue was $ 1.27 billion, with Creative revenue growing to $ 1.06 billion.
  • Digital Media Annualized Recurring Revenue (“ARR”) grew to $ 4.87 billion exiting the quarter, a quarter-over-quarter increase of $ 308 million.
  • Adobe Experience Cloud achieved revenue of $ 508 million, which represents 26 percent year-over-year growth.
  • Operating income grew 48 percent and net income grew 55 percent year-over-year on a GAAP-basis; operating income grew 43 percent and net income grew 46 percent year-over-year on a non-GAAP basis.
  • Cash flow from operations was $ 704 million, and deferred revenue grew to approximately $ 2.20 billion.
  • The company repurchased approximately 2.1 million shares during the quarter, returning $ 298 million of cash to stockholders.

Articles: Digital Photography Review (dpreview.com)

 
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DxOMark gives RED Helium 8K sensor a record-breaking 108 score

12 Jan

DxOMark has given RED’s 35.4MP Helium 8K sensor its highest overall score ever: 108. This makes the prototype sensor the second ever to exceed the 100 point milestone, joined only by the RED Epic Dragon prototype, which scored 101. DxOMark says the Helium is a ‘solid upgrade’ over the Epic Dragon, offering better color depth, less noise, improved low-light ISO and a greater dynamic range.

DxOMark explains that while both the Dragon and Helium sensors are ‘physically similar,’ the Helium ultimately offers more densely packed pixels at approximately 3.65 microns each. Less impressive is the organization’s assessment of the dynamic range, which measured at 15.2 stops versus RED’s advertised 16.5+ stops. That is still greater than the Epic Dragon’s DxOMark dynamic range rating of 14.8 stops, however. 

Because both the Helium 8K and Epic Dragon tests were performed with prototype devices, neither model will be officially added to DxOMark’s device ranking list. The company does present a ‘simulation’ ranking that shows where the two models would fall if they were included, however: above the Sony a7R II, Nikon D810, Sony Cyber-shot DSC-RX1R II, and the Pentax K-1.

Via: DxOMark

Articles: Digital Photography Review (dpreview.com)

 
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Crowdfunded Skyscraper: Record-Breaking Tower in Bogotá

21 Dec

[ By WebUrbanist in Architecture & Cities & Urbanism. ]

crowdfunded skyscraper

With over $ 200 million from more than 3,500 supporters, the world’s largest crowdfunding campaign has generated the means to create the highest skyscraper in Colombia (and the first new one in 40 years).

crowd build columbia bogata

The communal nature of the stake puts both the property and power in the hands of the contributors, who in turn receive stake in the finished structure being built in downtown Bogotá. This approach, facilitated by the Prodigy Network, also distributes the risk of this bold venture between those with the motivation to see it made a reality – primarily locals and others with a vested interest in the city’s future.

crowd plaza rendering detail

The structure will address a lack of dense vertical growth in a city that has suffered from sprawl, on the one hand, and too-busy streets on the other. It aims to create a residential, commercial and institutional focal point in a location “where tourism, culture, education and shopping are all together, but also where traffic and congestion demand different means of development.”

crowd buildings top

Green strategies include advanced water collection systems with graywater reuse, green roof elements, advanced natural lighting optimization and supplemental passive heating and cooling systems.

More statistics on the finished project: “When complete the BD Bacatá will be 66-stories high and 1.2 million square feet. Development will include office and retail space, apartments and a hotel. The 364-room hotel, located in the tallest tower of the complex will be operated by Eurostars, and feature such amenities as a business center, restaurant, cafeteria, and full-service gym providing hotel guests with above-and-beyond service to ensure their experience will be worth remembering.”

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[ By WebUrbanist in Architecture & Cities & Urbanism. ]

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Crowdfunded Skyscraper: Record-Breaking Tower in Bogotá

18 Dec

[ By WebUrbanist in Architecture & Cities & Urbanism. ]

crowdfunded skyscraper

With over $ 200 million from more than 3,500 supporters, the world’s largest crowdfunding campaign has generated the means to create the highest skyscraper in Columbia (and the first new one in 40 years).

crowd build columbia bogata

The communal nature of the stake puts both the property and power in the hands of the contributors, who in turn receive stake in the finished structure being built in downtown Bogotá. This approach, facilitated by the Prodigy Network, also distributes the risk of this bold venture between those with the motivation to see it made a reality – primarily locals and others with a vested interest in the city’s future.

crowd plaza rendering detail

The structure will address a lack of dense vertical growth in a city that has suffered from sprawl, on the one hand, and too-busy streets on the other. It aims to create a residential, commercial and institutional focal point in a location “where tourism, culture, education and shopping are all together, but also where traffic and congestion demand different means of development.”

crowd buildings top

Green strategies include advanced water collection systems with graywater reuse, green roof elements, advanced natural lighting optimization and supplemental passive heating and cooling systems.

More statistics on the finished project: “When complete the BD Bacatá will be 66-stories high and 1.2 million square feet. Development will include office and retail space, apartments and a hotel. The 364-room hotel, located in the tallest tower of the complex will be operated by Eurostars, and feature such amenities as a business center, restaurant, cafeteria, and full-service gym providing hotel guests with above-and-beyond service to ensure their experience will be worth remembering.”

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[ By WebUrbanist in Architecture & Cities & Urbanism. ]

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