Adobe says performance is improving
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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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On Adobe's anniversary, execs consider accomplishments, choices, and opportunities.
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Design software maker Adobe  Systems Inc.  on Thursday posted a lower quarterly  profit as expenses rose but results topped average Wall Street  forecasts, sending its shares up 8 percent.
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With 500 million desktops running their Reader and Flash applications and two million designers and developers building more content constantly, Adobe isn't exactly hurting for presence. The trick now is to branch out to mobile phones. Here's Adobe's plan.
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Adobe today patched its Reader and Acrobat programs to fix a flaw involving malicious PDF files.
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Adobe updates its Web development tool with support for Microsoft .Net.
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Adobe's AIR allows applications to bridge the Web and desktop.
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Adobe on Wednesday rolled out version 1.1 of its Photoshop Lightroom application, the company's image processing application for professional photographers. The update brings support for Windows Vista, a new image management system, improved noise reduction and sharpening, and additional RAW file support.
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Adobe's Creative Suite 3 programs are not fully tested with 'Leopard.'
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Yahoo! and Adobe announced an agreement that will make HTML and PDF seem a more similar browsing experience. In the process, it should drive more traffic to Yahoo!
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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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Investing in Adobe would be a no-brainer -- if it weren't for its competitors.
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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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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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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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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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Adding to its offerings for digital imaging and video hobbyists, Adobe Systems on Wednesday announced a new video-editing package and an update to its Photoshop Elements image-editing product.