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Adobe quarterly profit rises 28 pct

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Published: Thursday, 13 Dec 2012 | 4:10 PM ET

Dec 13 (Reuters) - Adobe Systems Inc, maker of Photoshop and Acrobat software, posted a higher fourth-quarter profit on lower expenses.

Net income rose to $222.3 million, or 44 cents per share, from $173.7 million, or 35 cents per share, a year earlier.

Revenue was flat at $1.15 billion.

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Dec 13- Adobe Systems Inc, maker of Photoshop and Acrobat software, posted a higher fourth-quarter profit on lower expenses. Net income rose to $222.3 million, or 44 cents per share, from $173.7 million, or 35 cents per share, a year earlier. Revenue was flat at $1.15 billion.
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