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Marketing Business Is Bright Spot For Adobe In Otherwise Cloudy Quarter

  • Reuters, Wednesday, September 17, 2014 11:59 AM
During an otherwise disappointing fiscal third-quarter, Adobe this week said revenue from its digital marketing business -- including campaign management and analytics services -- rose 8% to $336.6 million. Overall, however, total revenue rose 1% to $1.01 billion, while analysts were expecting at least $1.02 billion, Reuters reports. “I think the market has come to expect perfection from this company and today was not perfect,” Edward Jones technology analyst Josh Olson told Reuters.

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