On December 11th news, according to foreign reports, Adobe on Thursday announced the company's fiscal 2015 fourth quarter earnings. Adobe reported a fourth quarter revenue reached a record $1 billion 310 million company, growth of 22 over the previous year; a net profit of $223 million, year-on-year growth of $88 million in 153.
As of November 27th of the fourth quarter, Adobe revenue of $1 billion 310 million, compared to the same period last year 1 billion 70 million $22 growth. Adobe's fourth quarter operating profit of $290 million, compared to the same period last year 125 million $133 growth. Adobe fourth quarter net profit of $223 million, year-on-year growth of $88 million in 153. Adobe fourth quarter diluted earnings per share of $0.44, $0.17 higher than the same period last year.
Not in accordance with GAAP, Adobe fourth quarter earnings per share of $0.60. Adobe fourth quarter results better than market expectations. Thomson Reuters survey, analysts on average had expected the market, not in accordance with GAAP, Adobe fourth quarter diluted earnings per share of $0.60, revenue was $1 billion 310 million.
Are divided according to business, a subscription to Adobe's fourth quarter revenue of $907 million, higher than the same period last year to $629 million; product revenues of $284 million, less than the previous year's $328 million; service and support revenue of $114 million, lower than the same period last year to $116 million.
Adobe fourth quarter operating expenses were $815 million, higher than the same period last year to $788 million. Among them, R & D expenditures for 221 million dollars, higher than the same period last year 214 million dollars; sales and marketing expenses were $441 million, higher than the same period last year to $409 million; general and administrative expenses were $134 million, essentially flat with a year earlier; restructuring and other expenses of $50 thousand, $1 million 200 thousand less than the previous year.
Throughout the 2015 fiscal year, Adobe revenue was $, up from $1.24 a year ago, and the operating profit was $.
Adobe shares fell $0.60, or 88.96, to close at $0.67 on the Nasdaq stock market on Thursday. In after hours trading, Adobe shares rose $3.54, or 3.98, to close at $88.96. In the past 52 weeks, the lowest price of Adobe for $68.98, the highest price of $92.88. According to Thursday's closing price, Adobe market capitalization of about $.