Adobe reports record revenue yet again

Adobe deploys new Lightroom plan, Photoshop tools in massive Creative Cloud update
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Adobe has reported record quarterly revenue yet again, posting $2.08 billion in earnings in the first quarter of 2018.

Of that $2.08 billion, some $1.23 billion came from its subscription Creative Cloud service.

“Adobe’s outstanding growth is driven by enabling our customers to be more creative, work smarter and transform their businesses through our relentless focus on delivering innovation and intelligence across our solutions,” Shantanu Narayen, Adobe’s president and CEO, said in a statement.

Towards the end of last year Adobe announced record quarterly earnings for the third quarter of 2017 with revenue of $1.84 billion.

Overall, the software giant has posted a 64% increase in net income year on year.