Adobe Systems Incorporated has announced its financial results for its fourth quarter and fiscal year ended November 30, 2007. In the fourth quarter of fiscal 2007, Adobe achieved record revenue of $911.2 million, compared to $682.2 million reported for the fourth quarter of fiscal 2006 and $851.7 million reported in the third quarter of fiscal 2007. This represents 34% year-over-year revenue growth. Adobe’s fourth quarter revenue target range was $860 to $890 million.
“Driving our Q4 results were continued adoption of our Creative Suite 3 family of products, record revenue for Acrobat and strong momentum in our enterprise business. As we enter fiscal 2008, we are performing exceptionally well and the Company is positioned to achieve a sixth consecutive year of double-digit growth,” said Shantanu Narayen, president and chief executive officer of Adobe.
