(Adobe) Adobe, Inc. announced a net profit of $1.2 billion in the third quarter of 2021, an increase compared to $955 million in the same period last year.
The company’s net income for the nine months to September 3, 2021, increased to $3.6 billion from $3 billion reported in the corresponding period of last year.
Adobe announced net revenue of $3.9 billion in the third quarter, which was an increase compared to $3.2 billion in the same period of last year.
The net revenue for the nine months to September 3 closed at $11.7 billion in contrast to $9.4 billion in the same period of 2020.
Adobe is forecasting revenue of $4.07 billion and earnings per share of $2.52 in the fourth quarter.
ADBE: NASDAQ is down -3% on pre-market.
