Adobe Systems Inc. Reveals 36% Increase In Q3 Bottom Line

(RTTNews) - Adobe Systems Inc. (ADBE) reported earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $0.38 billion, or $0.75 per share. This was up from $0.28 billion, or $0.54 per share, in last year's third quarter.

Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 19.7% to $1.46 billion. This was up from $1.22 billion last year.

Adobe Systems Inc. earnings at a glance:

-Earnings (Q3): $0.38 Bln. vs. $0.28 Bln. last year. -Earnings Growth (Y-o-Y): 35.7% -EPS (Q3): $0.75 vs. $0.54 last year. -EPS Growth (Y-o-Y): 38.9% -Analysts Estimate: $0.73 -Revenue (Q3): $1.46 Bln vs. $1.22 Bln last year. -Revenue Change (Y-o-Y): 19.7%