SAN JOSE, Calif. (AP) _ Adobe Systems Inc. (ADBE) on Thursday reported fiscal second-quarter profit of $663.2 million.
On a per-share basis, the San Jose, California-based company said it had profit of $1.33. Earnings, adjusted for stock option expense and non-recurring costs, came to $1.66 per share.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.
The software maker posted revenue of $2.2 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $2.15 billion.
Adobe shares have climbed 47 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $258.10, a climb of 87 percent in the last 12 months.