Adobe's Q4 breaks $2 billion in revenue

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Adobe's Q4 breaks $2 billion in revenue.
Adobe headquarters in San Jose, California.

Adobe released fourth quarter financial results after the bell on Thursday and once again the Photoshop maker broke a corporate record for quarterly revenue.

The software giant reported fiscal third quarter earnings of $501.5 million, or $1.00 a share. Non-GAAP earnings in the quarter were $1.26 a share on revenue of $2.01 billion, up from $1.84 billion from last quarter and 25 percent from the same period last year.

Wall Street was looking for earnings of $1.16 a share on revenue of $1.95 billion.



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Adobe's Q4 breaks $2 billion in revenue