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Adobe Inc. (ADBE) Q3 2024 Earnings Call Transcript

Adobe Inc. (NASDAQ:ADBE) Q3 2024 Earnings Conference Call September 12, 2024 5:00 PM ET

Company Participants

Jonathan Vaas – Vice President of Investor Relations
Shantanu Narayen – Chair and Chief Executive Officer
David Wadhwani – President, Digital Media Business
Anil Chakravarthy – President, Digital Experience Business
Dan Durn – Executive Vice President and Chief Financial Officer

Conference Call Participants

Alex Zukin – Wolfe Research
Mark Murphy – JPMorgan
Keith Bachman – BMO Capital Markets
Saket Kalia – Barclays
Jay Vleeschhouwer – Griffin Securities
Tyler Radke – Citi
Brent Thill – Jefferies

Operator

Good day and welcome to the Q3 FY’24 Adobe Earnings Conference Call. Today’s conference is being recorded.

At this time, I’d like to turn the conference over to Jonathan Vaas, VP of Investor Relations. Please go ahead.

Jonathan Vaas

Good afternoon and thank you for joining us. With me on the call today are Shantanu Narayen, Adobe’s Chair and CEO; David Wadhwani, President of Digital Media; Anil Chakravarthy, President of Digital Experience; and Dan Durn, Executive Vice President and CFO.

On this call, which is being recorded, we will discuss Adobe’s third quarter fiscal year 2024 financial results. You can find our press release, as well as PDFs of our prepared remarks and financial results, on Adobe’s Investor Relations website.

The information discussed on this call, including our financial targets and product plans, is as of today, September 12, and contains forward-looking statements that involve risk, uncertainty and assumptions. Actual results may differ materially from those set forth in these statements.

For more information on those risks, please review today’s earnings release and Adobe’s SEC filings. On this call we will discuss GAAP and non-GAAP financial measures. Our reported results include GAAP growth rates as well as constant currency rates.

During this presentation, Adobe’s executives will refer to constant

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