Archive | December 18, 2011

Adobe Reports 14% Year-Over-Year Revenue Growth

18 Dec

Adobe Systems Incorporated (Nasdaq:ADBE) reported financial results for its fourth quarter and fiscal year ended Dec. 2, 2011.

  • Revenue was $1.152 billion, which exceeded the company’s target range of $1.075 billion to $1.125 billion, and represents 14 percent year-over-year revenue growth.
  • Diluted earnings per share were $0.35 on a GAAP-basis, and $0.67 on a non-GAAP basis.
  • Operating income was $246.1 million, operating margin was 21.4 percent and net income was $173.7 million on a GAAP-basis.  Operating income was $444.5 million, operating margin was 38.6 percent and net income was $332.6 million on a non-GAAP basis.
  • Deferred revenue grew by $47.6 million to $531.7 million.
  • Cash flow from operations was $496.8 million.

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Evertz Technologies Reports Drop in Revenue

18 Dec

Evertz Technologies Limited, an equipment provider to the television broadcast industry, reported its results for the second quarter ended October 31, 2011, of its fiscal 2012 year.

For the quarter ended October 31, 2011, revenues were $70.5 million as compared to revenues of $82.3 million for the quarter ended October 31, 2010. For the quarter, revenues in the United States/Canada region were $35.9 million. The International region had revenues of $34.6 million.

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Ross Video Up 47%

18 Dec

“We’re firing on all cylinders, completing our 20th straight year of record sales,” commented David Ross, CEO Ross Video. “Our product lines continue to resonate with our customer base and we especially appreciate the rapid uptake on our new Carbonite Series mid-size production switchers and new CrossOver Solo compact series.”

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