Adobe (Nasdaq:ADBE) today reported financial results for its fourth quarter and fiscal year ended Nov. 27, 2020. In its fourth quarter of the fiscal year 2020, Adobe achieved record quarterly revenue of $3.42 billion, which represents 14 percent year-over-year growth. In the fiscal year 2020, Adobe achieved a record annual revenue of $12.87 billion, which represents 15 percent year-over-year growth.
Adobe achieved a record quarterly revenue of $3.42 billion in its fourth quarter of the fiscal year 2020, which represents 14 percent year-over-year growth. Diluted earnings per share were $4.64 on a GAAP basis, and $2.81 on a non-GAAP basis.
The company reported annual GAAP diluted earnings per share of $10.83 and non-GAAP diluted earnings per share of $10.10.
Maya Grinberg is a careers Reporter for Tech News vision make it. Prior to joining Tech News Vision, she worked as a fiction stories and a freelancer for magazine, where she eventually worked her way up to careers editor. During this time, she created daily content for own website and worked with the research team to create content. she developed some own Newswebsite.