Adobe: earnings per share up 23% in Q2

(CercleFinance.com) - Adobe reports sales of $5.
3 billion for its 2nd fiscal quarter (March-April-May), up 10% on the same period a year earlier.

At the same time, Adobe posted operating income of $1,885 million, compared with $1,624 million twelve months earlier.

Net income came to $1,573 million, up 21%, representing basic EPS of $3.5, compared with $2.83 a year earlier.

For Q3, Adobe is targeting sales of between $5.33 and $5.38 billion, for adjusted EPS of $4.5 to $4.55.

For the full year, the IT specialist is targeting sales of $21.4 to $21.5 billion, and adjusted EPS of $18 to $18.2.


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