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Another record-breaking quarter for Adobe

13/12/2019 · Adobe (ADBE) 

Financial Results News US

Adobe logo above a town at night

As the consumer-facing FAANGs begin to feel the wrath of global regulators, software subscription companies continue to quietly chug away under the radar. Hardly any are performing as well as Adobe.

Consumer-facing stocks tend to dominate the coverage of the US tech sector. The phenomenal growth of the FAANGs – Facebook, Apple, Amazon, Netflix and Google-owner Alphabet – conjures eye-catching headlines, while their massive influence in society draws opinion from all corners.

Adobe (US: ADBE) chugs below the radar, quietly generating phenomenal growth and operating margins which have averaged more than 30% in the last three years. The company doesn’t report its numbers in the traditional…

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