Adobe spikes 4% after ‘record’ $1.46 billion revenue in Q3 2016

Adobe shared its third-quarter earnings report today, revealing (for the third quarter in a row) “record” $1.46 billion in revenue and $0.75 (non-GAAP) earnings per share. Analysts had expected slightly less: $1.45 billion in revenue and $0.72 earnings per share, on average.
Last year, Adobe reported $1.22 billion in revenue for the third quarter.
This release marks the second time Adobe has chosen to exclude Creative Cloud subscription numbers from its