The Traderszone Network

Published in TZ Latest News 22 June, 2017 by The TZ Newswire Staff

Adobe Creates Record Earnings: Its Head Is in the Clouds

Adobe Systems Incorporated (NASDAQ: ADBE) issued its financial report Tuesday after the market closed, and investors seemed pleased with the results. Since the company moved to a subscription model several years ago, Adobe has continued to reap the benefits of its decision. Removing the uncertainty associated with the timing of purchases and licensing deals have allowed the company to focus on providing creative software solutions to its users while moving the majority of its business into the cloud. 

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