Adobe reports record revenue in Q3
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Prints money with Creative Suite 3 Creative Suite 3 has been putting bread on Adobe Systems' table this quarter.â¦
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BUOYED by record revenue of $401 million for the first half of 2004 (up 8.8 per cent on the same period last year), Canon Australia has trotted out 28 new consumer imaging products and a new inkjet printer line called Pixma.
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Adobe Systems Inc. , the top maker of graphic and Web design software, reported quarterly net profit rose 24 percent, aided by recent upgrades to its two big product lines.
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After a revenue surge that executives called "extraordinary," software maker Adobe Systems Inc. is promising to maintain scorching growth rates even as it winds down its biggest-ever product launch.
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Adobe Systems Inc. reported record fourth-quarter revenue and an increase in profit of 16 percent, thanks in part to strong sales of the newest version of digital document software Acrobat.
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NEW YORK - Charge and credit card giant American Express Company said it rung up record third quarter profits as consumers went on a shopping splurge and extended their borrowings.
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The digital video company produced strong profits in the third quarter.
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Design software maker Adobe  Systems Inc.  on Thursday posted lower second-quarter  net income, weighed down by higher costs related to its  acquisition of Macromedia.
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Adobe Systems Inc. ADBE.O on Monday  reported a sharp rise in quarterly profit, driven by robust  demand for its Photoshop and document-sharing software.
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Software maker Adobe Systems Inc. on Thursday posted a quarterly profit that rose more than one-third from a year ago, but shares fell 3 percent after the maker of Photoshop and Acrobat software did not raise forecasts for fiscal 2005.
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Worldwide external controller-based disc storage revenue totalled $3.2bn (Â£1.8bn) in the second quarter, up 5.1% from the $3.1bn recorded in the same period last year.
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AMD&#39;s 64-bit processor line has carried the company from red to black ink in the third quarter. AMD today posted $1.2bn in revenue and income of $44m for the period.
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Bullish executives at Adobe Systems Inc. are predicting a blockbuster summer as the company, which produces popular software such as Photoshop, continues its biggest-ever product launch.
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Software maker Adobe reported a strong financial finish to its 2007 fiscal year with revenue up 23 percent for the year and 34 percent for the fourth quarter on sales of its CS3 (Creative Suite 3) and Acrobat software, the company said Monday.For its fourth quarter ended Nov. 30, Adobe reported record revenue for a three-month period of $911.2 million, compared with $682.2 million for the same time period last year. Revenue beat estimates from analysts polled by Thomson First Call, who were expecting the company to bring in $837 million in the quarter.For the fiscal year ended at the same time, Adobe reported revenue of $3.16 billion, also a record for the company, compared with $2.58 billion last year. Adobe&#39;s net income for the quarter was $222.2 million, a 21 percent increase over the $183.2 million reported in the fourth quarter of fiscal 2006. For the year, net income was up 43 percent at $723.8 million, compared with $505.8 million in fiscal 2006.Diluted EPS (earnings per share) for the fourth quarter of fiscal 2007 were $0.38, slightly above the company&#39;s own range of $0.35 to $0.37, and a 27 percent increase over diluted EPS of $0.30 for the same period last year. Diluted EPS for the year was $1.21, a 46 percent increase over EPS of $0.83 in 2006.A strong end to fiscal 2007 is fitting for what turned out to be a banner year for the publishing and design software vendor. The company released CS3, a combination of its own graphics creation products and Web design and multimedia tools that&#160;it acquired from Macromedia. It is the first real blend of the two companies&#39; complementary technologies in one suite.CS3 so far has been well-received by the creative Web and production design community that has been loyal to both Adobe and the former Macromedia for years, making Adobe the leader among those customers. However, this position also inspired more competition in 2007, most notably from software giant Microsoft, which came out with its Expression suite to rival CS3, as well as new cross-browser software called Silverlight to compete with Adobe&#39;s ubiquitous Flash multimedia technology.2007 also saw&#160;longtime Adobe CEO Bruce Chizen step down at the end of the fiscal year. He made the move as part of a planned transition and so he could pursue other career endeavors. Shantanu Narayen, former president and COO, is now chairman and CEO of the company.Adobe also provided on Monday estimates for its first quarter of fiscal 2008, which ends in February. The company expects revenue between $855 million and $885 million and EPS between $0.34 and $0.36 for the quarter. For fiscal 2008, the company reiterated its target annual revenue growth rate of about 13 percent, which it previously announced.
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U.S. online advertising revenue grew  26 percent year on year to a record $4.9 billion in the first  quarter of 2007, according to the Interactive Advertising  Bureau (IAB) and PricewaterhouseCoopers (PwC).
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By RACHEL KONRAD  SAN FRANCISCO - Bullish executives at Adobe Systems Inc. are predicting a blockbuster summer as the company, which produces popular software such as Photoshop, continues its biggest-ever product launch.
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The broker breaks records with its third-quarter results.