Adobe Systems Soars On Q4 Cloud Growth

By | December 11, 2014

Scalper1 News

Graphic design and media software company Adobe Systems floated above Wall Street’s fiscal fourth-quarter targets late Thursday, reporting better-than-expected sales and earnings thanks to its Internet cloud businesses. San Jose, Calif.-based Adobe Systems (ADBE) earned 36 cents a share excluding items on sales of $1.07 billion. Analysts polled by Thomson Reuters were expecting 30 cents and $1.06 billion. On a year-over-year basis, EPS rose 13% Scalper1 News

Scalper1 News