Adobe Reports Record Revenue and Net Income

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Adobe Systems (ADBE) Tops Q4 EPS by 4c

December 15, 2016 4:05 PM EST

Adobe Systems (NASDAQ: ADBE) reported Q4 EPS of $0.90, $0.04 better than the analyst estimate of $0.86. Revenue for the quarter rose 23% to $1.61 billion versus the consensus estimate of $1.59 billion.

Digital Media segment revenue was $1.08 billion, with Creative revenue growing 33 percent year-over-year to $886 million. Adobe Marketing Cloud achieved... More