Adobe to Start Reporting Revenue on a Constant-Currency Basis
17 December 2021 - 12:28PM
Dow Jones News
Software company Adobe Inc. will start reporting revenue on a
constant-currency basis, Chief Financial Officer Dan Durn said
Thursday.
"If you can take out the fluctuations associated with foreign
exchange, it gives you a cleaner look at the underlying performance
trends of the business," Mr. Durn said.
The company on Thursday reported revenue of $4.11 billion for
the quarter ended Dec. 3, up 20% from the prior year quarter.
Write to Nina Trentmann at nina.trentmann@wsj.com
(END) Dow Jones Newswires
December 16, 2021 20:13 ET (01:13 GMT)
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