Adobe Systems (ADBE) had a good fiscal fourth quarter.
The graphic-design software company late Monday reported earnings excluding items were 56 cents per share, topping analysts' estimates of 52 cents per share. Revenue was $1 billion, also ahead of expectations for $988 million.
Adobe, whose Creative Suite 5 includes Photoshop and Adobe Illustrator, forecast earnings between 54 cents and 59 cents for its current first quarter; the consensus estimate is for 51 cents per share. Adobe also forecast revenue of $1 billion to $1.05 billion, which would top analysts' expectations of $991.9 million.
"We posted our first billion dollar quarter and record annual revenue in 2010, driven by outstanding performance across all of our major businesses," Adobe CEO Shantanu Narayen said.
Shares of the stock rose $1.48, or 5.1%, to $30.66 in after-hours trading.
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