Photoshop maker Adobe's revenue jumps 21 percent on cloud push

Reuters News
|
Posted: Sep 17, 2015 4:12 PM

(Reuters) - Photoshop maker Adobe Systems Inc reported a 21 percent jump in quarterly revenue, as more customers subscribed to its creative and marketing software products provided over the Internet.

The company's net income rose to $174.5 million, or 35 cents per share, in the third quarter ended Aug. 28, from $44.7 million, or 9 cents per share, a year earlier.

Revenue rose to $1.22 billion from $1.01 billion.

(Reporting by Abhirup Roy in Bengaluru; Editing by Sriraj Kalluvila)