Adobe Systems (ADBE) Guides Q4, FY16 EPS Above Views
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Adobe Reports Record Revenue
September 20, 2016 4:05 PM EDTStrong 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