Adobe Systems reported an 8.8% increase in revenue for the second quarter of 2015, driven by new subscriptions to its creative cloud and document cloud software businesses.
Revenue increased to $1.16bn for the quarter, compared to $1.07bn for the same period last year.
Net income increased to $147.5m, or $0.29 per share, compared to $88.5m, or $0.17 per share, in the year-ago quarter.
Digital media annualised recurring revenue (ARR) increased to $2.35bn and Adobe marketing cloud achieved revenue of $327m.
Products revenue for the quarter declined to $274.5m, while subscription revenue surged to $774m and services and support revenue increased to $113.7m.
The company repurchased about 2.6 million shares during the quarter, returning $200 million of cash to shareholders.
Adobe lowered its fiscal year 2015 revenue estimate to $4.84bn, when compared to its earlier guidance of $4.92bn, because of the projected $80m impact of foreign exchange in the second half.
Adobe president and chief executive officer Shantanu Narayen said: "Strong execution against our Creative Cloud, Document Cloud and Marketing Cloud businesses drove record revenue.
"We are accelerating the pace of innovation in our Cloud offerings and are thrilled to be launching our best Creative Cloud release to date, which includes Adobe Stock – our new stock content service."
