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NEWS / BUSINESS NEWS
Adobe Profits Edge Towards $1 Billion

By Branko Miletic | Tuesday | 17/06/2008

In the second quarter of 2008, Adobe has achieved sales revenue of $AUD 943.6 million, compared to $AUD793.1 million reported for the second quarter of fiscal 2007 which represents 19 per cent year-over-year revenue growth.

"Our strong performance in Q2 was driven by the product mix and geographic diversity of our business," said Shantanu Narayen, president and chief executive officer, adding that, "We continue to execute against our strategy, and are well positioned for solid financial performance in the second half of this year and beyond."

For the third quarter of fiscal 2008, Adobe has announced it will be targeting revenue of up to $AUD 941.7 Million.



 

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