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Adobe Systems shares rise, trading at all-time highs after earnings

September 22, 2016

Via: CNBC
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Shares of Adobe Systems surged 7 percent Wednesday after it beat on earnings and reported a 20 percent rise in quarterly revenue for the 10th straight quarter.

The multinational computer software company reported fiscal third-quarter earnings of 75 cents a share on revenue of $1.46 billion. Analysts had expected earnings of 72 cents per share on revenue of $1.45 billion, according to Thomson Reuters consensus estimates.

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