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Adobe reports record revenue

Company announces plan to repurchase USD 1.6 billion of stock
June 26, 2010 | By IPP desk based on a press release

June 22, 2010 — Adobe today reported financial results for its second quarter fiscal year 2010 ended June 4, 2010. In the second quarter of fiscal 2010, Adobe achieved record revenue of US$ 943.0 million, compared to US$ 704.7 million reported for the second quarter of fiscal 2009 and US$ 858.7 million reported in the first quarter of fiscal 2010. This represents 34 percent year-over-year revenue growth. Adobe’s second quarter revenue target range was US$ 875 to US$ 925 million. ...cont´d

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