Photograph by Chip Chipman — Bloomberg via Getty Images

Revenue grew by nearly 25%.

By Reuters
March 17, 2016

Photoshop maker Adobe Systems reported a 24.7 percent rise in quarterly revenue, helped by strong demand for its cloud-based design and digital marketing tools.

The company’s net income rose to $254.3 million, or 50 cents per share, in the first quarter ended March 4, from $84.9 million, or 17 cents per share, a year earlier.

Revenue rose to $1.38 billion from $1.11 billion.


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