Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Adobe posts 25% rise in quarterly revenue

Adobe posts 25% rise in quarterly revenue
FILE PHOTO: An Adobe Systems Inc software box is seen in Los Angeles, California, U.S., March 13, 2017. REUTERS/Lucy Nicholson/File Photo -
Copyright
Lucy Nicholson(Reuters)
Euronews logo
Text size Aa Aa

(Reuters) – Adobe Inc on Tuesday reported a 25% rise in quarterly revenue, driven by growth in its digital media business that houses its flagship product Creative Cloud.

The San Jose, California-based company’s revenue rose to $2.74 billion in the second quarter ended May 31, from $2.20 billion a year earlier.

Net income fell to $632.6 million, or $1.29 per share, in the quarter, from $663.2 million, or $1.33 per share.

(Reporting by Sayanti Chakraborty in Bengaluru; Editing by Maju Samuel)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.