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Adobe reports 25.8 percent rise in quarterly revenue
September 19, 2017 / 8:12 PM / a month ago

Adobe reports 25.8 percent rise in quarterly revenue

Sept 19 (Reuters) - Adobe Systems Inc reported a 25.8 percent rise in quarterly revenue, as it added more subscribers to Creative Cloud, a package of software tools, which houses Photoshop.

The company’s net income rose to $419.6 million, or 84 cents per share, in the third quarter ended Sept. 1, from $270.8 million, or 54 cents per share, a year earlier.

Total revenue rose to $1.84 billion from $1.46 billion. (Reporting by Munsif Vengattil in Bengaluru; Editing by Shounak Dasgupta)

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