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Adobe reports $64.5 million Q3 profit

Adobe on Wednesday posted a third quarter profit of US$64.5 million, up from $47.2 million in the same period a year ago. CBS Marketwatch reports that Adobe’s pro forma earnings came in at 28 cents a share to top analysts’ estimates of 25 cents a share, and beat the company’s forecast range of 22 cents to 25 cents a share. Adobe’s sales totaled $319 million, compared to $284.9 million a year ago.

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