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Adobe posts 25% rise in quarterly revenue

Credit: REUTERS/LUCY NICHOLSON

Adobe Inc on Tuesday reported a 25% rise in quarterly revenue, driven by growth in its digital media business that houses its flagship product Creative Cloud.

June 18 (Reuters) - Adobe Inc ADBE.O on Tuesday reported a 25% rise in quarterly revenue, driven by growth in its digital media business that houses its flagship product Creative Cloud.

The San Jose, California-based company's revenue rose to $2.74 billion in the second quarter ended May 31, from $2.20 billion a year earlier.

Net income fell to $632.6 million, or $1.29 per share, in the quarter, from $663.2 million, or $1.33 per share.

(Reporting by Sayanti Chakraborty in Bengaluru; Editing by Maju Samuel)

((Sayanti.Chakraborty@thomsonreuters.com; +1-646-223-8780; Reuters Messaging: sayanti.chakraborty.thomsonreuters@reuters.net))

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