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SOFTWARE INDUSTRY NEWS |
Adobe reports Q2 2010 financial results |
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Adobe has reported financial results for its second quarter fiscal year 2010 ended June 4, 2010. Revenue was $943 million as compared to $704.7 million reported for the second quarter of fiscal 2009 and $858.7 million reported in the first quarter of fiscal 2010, a 34 percent year-over-year revenue growth. Diluted earnings per share for the second quarter of fiscal 2010 were $0.28, based on 533.3 million weighted average shares. Operating income was $227.3 million. Net income was $148.6 million for the second quarter of fiscal 2010, compared to $126.1 million in the second quarter of fiscal 2009 and $127.2 million in the first quarter of fiscal 2010. Third Quarter Targets For the third quarter of fiscal 2010, Adobe is targeting revenue of $950 million to $1 billion, operating margin of 25.5 percent to 27.5 percent and a share count between 532 million and 534 million shares. These targets, Adobe said, lead to a third quarter diluted earnings per share target range of $0.32 to $0.37. More information can be found in the company's statement. |
LISTS AND RESEARCH
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Global Software Top 100 - Edition 2011
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Software industry trends (2011)
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CRM companies: a short list
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