Adobe Systems (ADBE) Tops Q3 EPS by 3c

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Go back to Adobe Systems (ADBE) Tops Q3 EPS by 3c

Adobe Reports Record Revenue

September 20, 2016 4:05 PM EDT

Strong Revenue and Earnings Growth Highlight Third Quarter Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its third quarter fiscal year 2016 ended Sept. 2, 2016.

Third Quarter Financial Highlights

Adobe achieved record quarterly revenue of $1.46 billion, representing year-over-year growth of 20 percent. Diluted earnings per share were $0.54 on a GAAP-basis, and $0.75 on a non-GAAP basis. Digital Media segment revenue was a record $990 million, with Creative revenue growing 39 percent year-over-year to a record $803 million.... More