Adobe profit rises on higher software sales
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Adobe Systems Inc.  said on Thursday quarterly profit rose on higher sales of its computer programs used for design, photo editing and document sharing.
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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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Adobe Systems Inc. , the top maker of graphic and Web design software, reported quarterly net profit rose 24 percent, powered by pent-up demand for upgrades to its two main product lines.
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Oracle Corp.  on Thursday  posted a higher quarterly profit, helped by  stronger-than-expected new software license revenue.
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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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Earnings at Adobe Systems Inc. increased 36 percent in the latest quarter as the company posted record revenue on strong sales of its graphics and imaging software.
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Adobe Systems Inc.  reported on  Thursday that quarterly profit grew 16 percent, meeting  forecasts on higher sales of design software, and it reassured  investors that new products are on schedule, sending its shares  up 6 percent.
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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Adobe Systems Inc., which makes publishing and design software for digital documents, easily beat Wall Street's expectations Thursday when it reported that third-quarter profit declined but revenue soared nearly 24 percent.
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Eastman Kodak Co  said on Wednesday its fourth-quarter profit rose, driven by sales of digital products such as inkjet printers.
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Adobe returned some pretty impressive financials last week, with profits and revenue up 24% and 17% respectively. The San Jose, California-based provider of desktop publishing and graphics design software reported net income of $152.5m on sales of $745.6m for the quarter.
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Retailer Office Depot Inc. ODP.N  on Thursday posted a higher quarterly profit, thanks to  improved sales and profitability at its North America business,  beating analysts' expectations and sending shares higher.
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Oracle Corp. on Tuesday reported  a higher quarterly profit as the world's second largest  software company benefited from steady demand for its flagship  database software.
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Stocks opened higher on Friday after   news that U.S. consumer prices rose in line with market   expectations in August and Adobe Systems Inc. ADBE.O reported   a stronger-than-expected profit.
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Microsoft Corp. on Thursday said its first quarter profit climbed as personal computer sales and business demand fueled higher sales.
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Adobe Systems Inc. (ADBE.O: Quote, Profile, Research) on Monday reported a 62 percent jump in quarterly profit, driven by robust demand for its Photoshop and document-sharing software.
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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.