March 14, 2019 / 8:10 PM / 9 days ago

Adobe reports 25 percent rise in quarterly revenue

March 14 (Reuters) - Adobe Inc on Thursday reported a 25.1 percent rise in quarterly revenue, driven by growth in its digital media business, which houses its flagship product Creative Cloud.

Net income rose to $674.2 million, or $1.36 per share, in the first quarter ended March 1, from $583.1 million, or $1.17 per share, a year earlier.

The San Jose, California-based company’s revenue rose to $2.6 billion from $2.08 billion. (Reporting by Munsif Vengattil in Bengaluru; Editing by Maju Samuel)

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