Web design suite and Acrobat deliver increased first quarter revenue

Web software supplier Adobe announced revenue of £446m ($890m) for the first quarter of 2008, 37 per cent up on the £325m ($649m) posted in the same period of 2007.

Net quarterly income reached £110m ($219m) compared to £72m ($144m) in 2007, exceeding analyst expectations and representing a 52 per cent rise.

The company cited strong demand for its Creative Suite 3 web design product family, combined with steady sales of its Acrobat portable document format (PDF) file reader as the reason behind the positive financial results.