Adobe Systems stock jumped after the company delivered earnings and revenue that exceeded Wall Street’s expectations on Thursday.
Adobe’s stock jumped 4.9 percent in extended-hours trading.
The company’s adjusted earnings rose to 94 cents, topping estimates of 87 cents per share, according to a Thomson Reuters consensus estimate.
Total revenue rose to $1.68 billion from $1.38 billion. Wall Street had expected Adobe to deliver revenue of $1.65 billion.
Its quarterly revenue increase marked the twelfth straight quarter of increase, as its Creative Cloud package of software tools, which includes Photoshop, added more subscribers.
—Reuters contributed to this report.