Adobe quarterly profit rises 28 pct

Thu Dec 13, 2012 4:10pm EST

Dec 13 (Reuters) - Adobe Systems Inc, maker of Photoshop and Acrobat software, posted a higher fourth-quarter profit on lower expenses.

Net income rose to $222.3 million, or 44 cents per share, from $173.7 million, or 35 cents per share, a year earlier.

Revenue was flat at $1.15 billion.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.