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Adobe reports 25.8 percent rise in quarterly revenue

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Adobe reports 25.8 percent rise in quarterly revenue

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(Reuters) – Adobe Systems Inc <ADBE.O> reported a 25.8 percent rise in quarterly revenue, as it added more subscribers to Creative Cloud, a package of software tools, which houses Photoshop. The company’s net income rose to $419.6 million (311.02 million pounds), or 84 cents per share, in the third quarter ended Sept. 1, from $270.8 million, or 54 cents per share, a year earlier. Total revenue rose to $1.84 billion from $1.46 billion.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Shounak Dasgupta)
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