Adobe's third-quarter profit of $230.1 million rose 69% from a year earlier
Source: Internet
Author: User
September 22 News, according to foreign media reports, software manufacturers Adobe Bae Tuesday released the fiscal year ended September 3 financial report for the third quarter. Adobe's profit for the third quarter was 230.1 million dollars, 44 cents per share, up 69% from a year earlier. Adobe's profits for the same period last year were 136 million dollars, 26 cents per share. After the adobe adjustment, the profit was 54 cents per share, more than the analyst forecast for 40 cents per share earnings. With the strong demand for Creative suite 5 (Innovative suite software 5) and for large enterprise products, Adobe's third-quarter sales rose 42%, from $697.5 million a year earlier to $990.3 million trillion. Analysts predict that Adobe's sales revenue for the third quarter is 985 million dollars. Although Adobe's third-quarter business performance was strong, Adobe's fourth-quarter revenue guide was lower than expected. The company said it expects sales in the fourth quarter to be 9.50 to 1 billion dollars, below analysts ' expected $1.03 billion trillion. Adobe also expects profits for the fourth quarter to be 48 cents to 54 cents per share. Analysts expect earnings of 53 cents per share. Adobe shares fell 17 cents in normal trading hours in Tuesday, closing at $32.94. In the post trading, Adobe shares fell 4.06 U.S. dollars, down 14.1%, trading at $28.30.
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