Graphic design software house Adobe Systems has filed optimistic financials for its second quarter.
Revenue upped to $344m, a 15 per cent rise on last year's revenue which stood at $300m for the same quarter, beating analysts expectations.
The rise was attributed to the release of a new version of Acrobat software, which boosted sales in the Spring.
Analysts expected 29 cents per share for Adobe, excluding non-operating gains and losses. However, earnings rose to 34 cents per share.
Bruce Chizen, chief executive officer of Adobe, said: "Our business is relatively healthy. All the energy we've put into managing it is paying off."
Profit, excluding non-operating gains and losses, rose to $122m in comparison with last year's $97m.
Including non-operating gains and losses, it worked out at $61m compared with last year's $66m.
However, Adobe executives remain cautious about the remainder of the fiscal year. They said it is likely that revenues will be flat, with the $329m it made last year in the same period.
The company added it still expects a continued weakness in the US and Europe, and feared the latency could spread to Asia.
Engineer calculates that Chengdu's plan to replace streetlights with artificial moonlight would cost $100bn
Dark matter holds the Universe together - and gravitational waves could help identify it
Addison Lee is working on autonomous taxis for commuting and pleasure
IBM and Technical University of Munich team demonstrate how Shor's algorithm, which can't be cracked by conventional computers, can be solved quickly with quantum computing