/// Adobe Turns In Profit on Strong Sales [Voices]

December 20, 2010  |  All Things Digital

By Nathan Becker, Reporter, The Wall Street Journal Adobe Systems Inc. swung to a fiscal fourth-quarter profit, as strong product sales boosted revenue. The software maker forecast first-quarter earnings of 54 cents to 59 cents a share on revenue of $1 billion to $1.05 billion. Analysts surveyed by Thomson Reuters expect earnings of 51 cents on revenue of $992 million for the current quarter. In after-hours trading on Monday, Adobe shares were up 4.5% to $30.48 on the Nasdaq Stock Market. Read the rest of this post on the original site »

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Adobe Turns In Profit on Strong Sales [Voices]

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