Adobe Inc. (NASDAQ:ADBE) Q4 2022 Earnings Call Transcript

On the DX side, the organic creation of the Adobe Experience platform and its apps, and the success that we’ve seen associated with that, the fact that we just had a first $1 billion quarter as it related to subscription revenues, I think that just reflects both the fact that we created this category. And unlike all of the other enterprise software companies who are in that space, we’re just ruthlessly focused on this. And it is unique in that it helps both the top line and bottom line for enterprises. And to the question that you specifically asked, Alex, I mean, profitability, despite the FX impact that impacted hundreds of millions of dollars when you look back and say, at the end of the year, we exceeded our non-GAAP EPS that we had said a year ago/ I think that is a really amazing performance by the finance and operations team of making sure that we continue to remain focused.

And I think as it relates to go-forward, we’ve clearly talked about why we’re excited about the innovative road map, why we’re excited about all of the things that are going to come up in 2023 and beyond. And so, I think it was a good year. We will continue to remain focused. I want to thank our employees who really are the unsung heroes of all of this execution and the work that they do. And for every one of you, thank you again for your interest in Adobe and happy holidays and wishing you all a joyous holiday season.

Jonathan Vaas: Thanks, everyone. This concludes the call.

Operator: With that, that does conclude today’s call. Thank you for your participation. You may now disconnect.