Adobe Exceeds Profit Expectations
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Adobe Systems, the worldâs largest maker of design software, reported quarterly results and targets ahead of Wall Street expectations on strong sales of its updated suite of products.
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Adobe reported revenue up 23 percent for fiscal year 2007 on sales of Creative Suite 3 and Acrobat.
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Xerox Corp , the world's biggest supplier of office printers, copiers and related services, on Friday posted better-than-expected quarterly earnings, boosted by solid gains in equipment sales.
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The printer maker also predicted better-than-expected first quarter earnings, sending shares up.
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InfoWorld - 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.
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Computer Associates International Ltd. , the software maker under government watch after an accounting scandal, on Wednesday posted better-than-expected quarterly results and said full-year earnings will exceed Wall Street estimates, helped by cost-cutting.
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Japan's Canon Inc. said it posted a record profit for the three months to September due to strong overseas demand for digital cameras, especially in Europe, and revised up its full-year earnings forecast.
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Adobe Systems Inc. on Monday reported a sharp rise in quarterly profit, driven by robust demand for its Photoshop and document-sharing software.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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Design software maker Adobe   Systems Inc. ADBE.O on Thursday posted a lower quarterly   profit as expenses rose, but results topped average Wall Street   forecasts and shares rose 8 percent.
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US software firm Adobe sees fourth-quarter profit jump 21% on the back of strong sales.
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The business software maker delivered a fiscal first-quarter performance that topped analyst expectations.
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Adobe Systems Inc. reported Monday that its third-quarter profit more than doubled last year's, setting a revenue record and easily exceeding Wall Street's already bullish expectations as the software company comes off its biggest-ever product launch.
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Printer maker Lexmark International Inc  reported on Tuesday a higher quarterly net profit and predicted better-than-expected first quarter earnings, sending shares up more than 10 percent.
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By RACHEL KONRAD  SAN FRANCISCO - After reporting solid third-quarter earnings Thursday, Adobe Systems Inc. hopes to crush Wall Street's long-standing concerns that the company can't perform consistently and across all divisions.
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Software maker Computer  Associates International Ltd. , on Wednesday posted better-than-expected quarterly results and said full-year earnings will exceed Wall Street estimates, aided by cost-cutting.
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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.