Feeds

Adobe beats targets for Q4

But CFO heads home

Intelligent flash storage arrays

Adobe has claimed a “remarkable” 2005, turning in fourth quarter revenues that were slightly ahead of its targeted range.

The software vendor turned over $510.4m in its fourth quarter ending December 2, up 19 per cent on the year. Its target range had been $490m to $510m.

Net income was $156.3m, compared to $113.5m a year ago. This worked out to $0.31 per share, or $0.30 on a non-GAAP basis. Analysts had expected $0.29 per share.

For the full year, sales were up 18 per cent to $1.97bn, while earnings came in at $602.8m, up 34 per cent.

Adobe expects first quarter revenues to come in at $630m to $660m, with earnings of $0.28 to $0.30, excluding charges, including those for its Macromedia purchase.

No matter how many beans the company brings in next year, they won’t be counted by CFO Murray Demo. Adobe announced yesterday that Demo plans to leave by the end of March, to spend more time with his family.®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.