Adobe Systems is to start hiring again, after announcing a big rise in profits.
The company's 11 per cent year-on-year revenue increase has been greeted by Wall Street as an early indicator of a return to fortunes of the business software market.
According to Reuters Adobe will add staff as part of its effort to expand its corporate focus.
Last year the company laid off about seven per cent of its workforce and embarked on a round of cost cutting.
For the fourth quarter of its 2002 financial year, Adobe's revenue stood at $294.7m (£185m), compared with $264.5m (£167m) for the fourth quarter of 2001 and $284.9m (£179m) in the third quarter of 2002.
"We are pleased with our return to year-over-year quarterly revenue growth," said Adobe president and chief executive Bruce R. Chizen. "We are also excited about our strong product roadmap and the revenue growth we expect through the year."
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