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Adobe Reports Record Quarterly and Fiscal Year Revenue
Adobe Systems Incorporated has announced its financial results for its fourth quarter and fiscal year ended November 30, 2007. In the fourth quarter of fiscal 2007, Adobe achieved record revenue of $911.2 million, compared to $682.2 million reported for the fourth quarter of fiscal 2006 and $851.7 million reported in the third quarter of fiscal 2007. This represents 34% year-over-year revenue growth. Adobe’s fourth quarter revenue target range was $860 to $890 million.
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