Software maker Adobe has significantly increased its profit in the past quarter, which ran until the beginning of June at the maker of photo editing software Photoshop.
Not only were more subscriptions sold to creative and digital file signing software, but business data analytics services also thrived.
Adobe’s revenue grew 23 percent year-over-year to more than $3.8 billion. Of this, slightly more than 1.1 billion euros was net profit. That led to financial director John Murphy already predicting that the software company is in for another record year.
Also, for the current quarter, the third of the broken fiscal year of Adobe, the company expects to achieve a turnover of just under $3.9 billion.
Normally, July and August are less for Adobe because many companies take it more accessible in the summer months.