What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce and provide the financial results for Adobe's third fiscal quarter ended August 31, 2018, through an attached press release.

What are non-GAAP financial measures and why does Adobe use them?

Adobe uses non-GAAP financial measures, which exclude certain expenses like stock-based compensation, restructuring charges, and amortization of intangibles. They are used to provide a clearer view of operational performance, aid in budgeting, and facilitate comparisons with industry peers, complementing the standard GAAP financial reporting.

What specific items are excluded from Adobe's non-GAAP financial measures?

Adobe excludes several items, including stock-based and deferred compensation expenses, restructuring and other charges, amortization of purchased intangibles and technology license arrangements, investment gains and losses, and certain income tax adjustments and their effects.

What is the significance of the record revenue mentioned?

The mention of record revenue indicates strong top-line performance for Adobe during the third quarter of fiscal year 2018, suggesting positive business momentum.

ADBE 8-K: Earnings & Results

Summary

This 8-K filing from Adobe Inc. (ADBE) on September 13, 2018, primarily reports the company's financial results for its third fiscal quarter ended August 31, 2018, as detailed in an accompanying press release. The press release, furnished as an exhibit, highlights record revenue for the quarter. Adobe also provides a detailed explanation of its use of non-GAAP financial measures, which exclude items such as stock-based compensation, restructuring charges, amortization of intangibles, investment gains/losses, and certain tax adjustments. The company believes these non-GAAP measures offer a more meaningful view of operational performance and aid in comparisons with peers, while acknowledging their limitations and the importance of considering GAAP measures.

Key Highlights

1Adobe reported record revenue for its third fiscal quarter ended August 31, 2018.
2The filing includes a press release announcing the Q3 2018 financial results.
3Adobe utilizes non-GAAP financial measures to report operational performance.
4Key exclusions from non-GAAP measures include stock-based compensation and amortization of purchased intangibles.
5The company believes non-GAAP measures provide supplemental insights into operational performance and facilitate comparisons.
6Investors are advised that non-GAAP measures have limitations and should be evaluated alongside GAAP results.

ADOBE INC. 8-K Report, Financial Results (Sep 13, 2018)

Summary

Key Highlights

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