Adobe Systems Inc. Bottom Line Advances 59% In Q4

(RTTNews) - Adobe Systems Inc. (ADBE) announced earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line advanced to $311.90 million, or $0.62 per share. This was higher than $195.66 million, or $0.39 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 22.4% to $1.31 billion. This was up from $1.07 billion last year.

Adobe Systems Inc. earnings at a glance:

-Earnings (Q4): $311.90 Mln. vs. $195.66 Mln. last year. -Earnings Growth (Y-o-Y): 59.4% -EPS (Q4): $0.62 vs. $0.39 last year. -EPS Growth (Y-o-Y): 59.0% -Revenue (Q4): $1.31 Bln vs. $1.07 Bln last year. -Revenue Change (Y-o-Y): 22.4%