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Technology / AI and automation

COMPANY RESULTS

Adobe Systems Inc has reported fourth quarter net profits up 87.3% at $15.8m against a period that included a $6.0m write-off from losses from a property partnership, on turnover that rose 22.4% at $86.5m; net profit for the year to November 30 rose 32.1% at $57.0m on turnover that rose 17.9% at $313.4m. Net earnings per share rose 88.9% at $0.34 in the quarter, 30% to $1.22 in the year.

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CBR Staff Writer

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