Adobe Posts Record Revenue, Up 42 Percent To $990 Million

Adobe posted record revenue for its third quarter, seeing sales of $990.3 million, compared to $697.5 million reported for the third quarter of 2009 (revenue also increased from $943.0 million reported in the second quarter of 2010). Revenue jumped 42 percent from the previous year.

Net Income also remained strong for Adobe. Adobe?s non-GAAP diluted earnings per share quarter were $0.54, compared to $0.35 reported in the third quarter of 2009. Non-GAAP net income was $284.0 million for the third quarter, compared to $186.1 million from the previous year.

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