Adobe Reports Third Quarter Results
Tuesday, September 15, 2009 3:06:00 PM (GMT-05:00)
Provided by: Business Wire
http://www.businesswire.com/news/home/20090915006575/en
SAN JOSE, Calif.--(Business Wire)--
Adobe Systems Incorporated (Nasdaq:ADBE) today announced financial results for
its third quarter ended Aug. 28, 2009.
In the third quarter of fiscal 2009, Adobe achieved revenue of $697.5 million,
compared to $887.3 million reported for the third quarter of fiscal 2008 and
$704.7 million reported in the second quarter of fiscal 2009.
"We are pleased with the solid revenue and earnings results we were able to
deliver in Q3," said Shantanu Narayen, president and CEO of Adobe. "Our focus
remains on driving growth in our core businesses, as well as investing in
promising new opportunities."
Third Quarter Fiscal 2009 GAAP Results
Adobe`s GAAP diluted earnings per share for the third quarter of fiscal 2009
were $0.26, based on 531.8 million weighted average shares. This compares with
GAAP diluted earnings per share of $0.35 reported in the third quarter of fiscal
2008 based on 541.3 million weighted average shares, and GAAP diluted earnings
per share of $0.24 reported in the second quarter of fiscal 2009 based on 528.0
million weighted average shares.
Tuesday, September 15, 2009 3:06:00 PM (GMT-05:00)
Provided by: Business Wire
http://www.businesswire.com/news/home/20090915006575/en
SAN JOSE, Calif.--(Business Wire)--
Adobe Systems Incorporated (Nasdaq:ADBE) today announced financial results for
its third quarter ended Aug. 28, 2009.
In the third quarter of fiscal 2009, Adobe achieved revenue of $697.5 million,
compared to $887.3 million reported for the third quarter of fiscal 2008 and
$704.7 million reported in the second quarter of fiscal 2009.
"We are pleased with the solid revenue and earnings results we were able to
deliver in Q3," said Shantanu Narayen, president and CEO of Adobe. "Our focus
remains on driving growth in our core businesses, as well as investing in
promising new opportunities."
Third Quarter Fiscal 2009 GAAP Results
Adobe`s GAAP diluted earnings per share for the third quarter of fiscal 2009
were $0.26, based on 531.8 million weighted average shares. This compares with
GAAP diluted earnings per share of $0.35 reported in the third quarter of fiscal
2008 based on 541.3 million weighted average shares, and GAAP diluted earnings
per share of $0.24 reported in the second quarter of fiscal 2009 based on 528.0
million weighted average shares.