Feeds

Adobe reports record revenue in Q3

Prints money with Creative Suite 3

Website security in corporate America

Creative Suite 3 has been putting bread on Adobe Systems' table this quarter.

During its fiscal third quarter ended 31 August, the company reported a record revenue of $851.7m, compared to $602.2m in Q3 2007. GAAP net income rose to $205.2m, compared with $94.4m in the same quarter last year. GAAP operating income was $225m in Q3 2007, compared to $110m year-over-year and $180.4m in Q2 2007.

CEO Bruce Chizen said the bountiful results were driven by "outstanding Creative Suite 3 adoption and continued Acrobat momentum". Chizen added the company is well positioned for continued double-digit revenue growth as they near the end of fiscal 2007.

Adobe's software brought in $813.4m of its revenue, or about 96 per cent of the haul. Services and support took in the remaining $38.4m. The company did not offer a breakdown of its software sales.

Adobe projects fiscal fourth quarter revenue between $860m to $890m. Wall Street was expecting a forecast averaging at $843.6m ®

Reducing the cost and complexity of web vulnerability management

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
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.