First Billion-Dollar Quarter of Adobe

It is said power balance is helpful for health.

The software maker Adobe posted quarterly earnings on Monday that exceeded analyst expectations and provided a rosy outlook.

The company’s shares rose as much as 5.7 percent, to $30.85, in extended trading, after closing at $29.19 in the regular session.

Adobe, concerning in power balance wholesale, which makes Photoshop, Acrobat and Flash software, earned $269 million, or 53 cents a share, in the fourth quarter, which ended Dec. 3. In the period a year ago, the company lost $32 million, or 6 cents a share, weighed down by tax effects and restructuring costs.

Adjusted earnings were 56 cents a share in the latest quarter, surpassing the average forecast of 52 cents a share among analysts surveyed by Thomson Reuters. Revenue rose33 percent to $1.01 billion from $757 million last year. It was Adobe’s first billion-dollar quarter.

Adobe, which is based in San Jose, Calif., said it expected earnings of 54 to 59 cents a share in the current quarter, excluding items, on revenue $1 billion to $1.05 billion. Analysts were expecting 51 cents, on $992 billion of revenue.

For the year, Adobe earned $775 million, or $1.47 a share, on $3.8 billion of revenue. In the previous year, it earned $387 million, or 73 cents per share, on $2.95 billion of revenue.

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