Why Adobe (NASDAQ:ADBE) Revenue Will Grow $3.5 Billion By 2020

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Adobe Inc (NASDAQ:ADBE) is a global company that offers a line of software and services used by creative professionals engaged in digital marketing and digital media solutions. Its tools and services allow customers to create digital content, deploy it across media and devices, measure and optimize it over time. Adobe helps its customers make, manage, measure and monetize their content.

Adobe (NASDAQ:ADBE) recently reported fourth quarter and full fiscal year 2018 results. Quarterly revenue come in at $2.46 billion, which represents 23 percent year-over-year growth. Adobe achieved record annual revenue of $9.03 billion, which represents 24 percent year-over-year growth. The Street had forecast revenues of $10.8 billion for the year with an adjusted EPS of $7.98. HadePlatform.com's machine learning is predicting investors will see continued long-term, steady revenue growth.

Adobe (NASDAQ:ADBE) has been transforming its operations to stay in step with the industry's trends. For the past few years, it has been shifting toward a subscription-based model from the traditional license-based model for its software. More recently, it has been making relevant acquisitions in the cloud. 

Two years ago Adobe reported annual revenue of $5.85 billion. Adobe revenue has risen steadily over the last 16 quarters and reported $9.03 billion in revenue for the full year 2018, a +24% year-over-year increase compared to $7.3 billion in revenue a year ago. Using HADE Platforms.com's machine learning (ML) technology, we can see that Adobe revenue is predicted to keep rising steadily to $10.79 billion in 2019 and around $12.89 billion in 2020. The growth reflects how Adobe (NASDAQ:ADBE) has a growing customer base for its subscription offerings. Adobe reported 88% of its revenue came from recurring sources, compared with 84% a year ago. We see this trend continuing.  We use Machine Learning (ML) algorithms to analyze slow and fast data to produce short and long-term predictions, using data that no other data supplier has. This is data you are free to visualize and analyze by searching for any company. Since we have more data, and more than two years of testing, our predictions have gotten increasingly superior to Wall Street estimates. Currently, Hade predicts future quarterly results with 64% greater accuracy than Wall St, and historically over 10 quarters that margin of victory is greater than 50%. 

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