Around the Net
Adobe Posts Strong Second Quarter
- CNBC, Sunday, June 17, 2018 8:14 PM
Adobe appears to have had a strong fiscal second quarter. “Adobe said in a statement that revenue rose 24 percent year over year,” CNBC reports. “Most of the company's revenue comes from subscriptions, and that category was up almost 30 percent year to year.” Of note, “In the quarter the company said that it was acquiring Magento Commerce for $1.68 billion,” CNBC notes.
