Adobe Systems revenue rises 11 percent helped by subscriber additions

(Reuters) - Photoshop maker Adobe Systems Inc posted an 11 percent rise in quarterly revenue as it sold more subscriptions to its Creative Cloud suite. The company's net income rose to $84.9 million, or 17 cents per share, in the first quarter ended Feb. 27, from $47 million, or 9 cents per share, a year earlier. Revenue rose to $1.11 billion from $1 billion. (Reporting by Anya George Tharakan in Bengaluru; Editing by Simon Jennings)



via Tech News Headlines - Yahoo News http://ift.tt/1GSOQkg