Feeds

Adobe beats targets for Q4

But CFO heads home

Top 5 reasons to deploy VMware with Tegile

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.®

Beginner's guide to SSL certificates

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.