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Adobe sees big revenue jump

Company's fiscal third-quarter earnings are solid, but the forecast for next quarter means Adobe will have to stretch to meet expectations.

Adobe's fiscal third-quarter earnings were solid, but the outlook for the fourth quarter was a bit light relative to expectations.

The company today reported earnings of $230.1 million, or 44 cents a share, on revenue of $990.3 million, up 42 percent from a year ago. Non-GAAP earnings were 54 cents a share.

Wall Street was looking for earnings of 49 cents a share on revenue of $985 million.

Read more of "Adobe's third quarter solid, but outlook is light" at ZDNet's Between the Lines.