![]()
MOST SHARED
- Tiger Woods Out of Hospital After Accident
- The Good Entrepreneur Winner
- Get Paid Six Figures to Wear a T-Shirt?
- Dubai Spooks Investors But May Bring Buying Opportunity
- Global Selloff From Dubai Woes Shows Signs of Winding Down
- Longer Lines, Fuller Carts This Black Friday
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- 8 Retailers that Gain During the Holidays
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Global Selloff From Dubai Shows Signs of Winding Down
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Tiger Woods Out of Hospital After Accident
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Get Paid Six Figures to Wear a T-Shirt?
- The World's Biggest Debtor Nations
- Five Tips for Buying a Foreclosed Home
Adobe Systems reported earnings that outpaced expectations, driven by growth in sales of programs for photo editing, Web creation and graphics design.
![]() |
Adobe's headquarters in San Jose, California. |
Excluding items, Adobe reported a second-quarter profit of 50 cents a share on sales of $886.9 million for its second quarter.
In the same period last year, the company earned 37 cents a share on sales of $746 million.
Analysts' projections put the company's performance for the quarter at 46 cents a share on a topline of $880 million.
Adobe also forecast earnings per share before items and revenue for the current quarter that were largely in line with or ahead of analyst expectations.
For its current, third quarter, Adobe said it expects a per-share profit before items of 45 cents to 47 cents and revenue in a range of $855 million to $885 million. Analysts currently expect a third-quarter profit of 45 cents per share on average on revenue of $876 million.
Shares of Adobe [ADBE
Loading...
()
], which rose 0.33 percent to close at $42.85 Monday, dropped about 2.5 percent in extended electronic trading.
- Wire services contributed to this report.
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?













