11:45 PM New York – Adobe Systems fourth-quarter net jumped 26% to $502 million. Costco first-quarter net soared 17% to $640 million. Jabil first-quarter net plunged 28% to $64 million. Oracle second-quarter net surged 10% to $2.2 billion.
Tollbooth Index increased 25.83 or 0.2% to 13,820.17.
Adobe Systems Inc
), the application software developer said revenues in the fourth-quarter ending on December 1 soared 25% from a year ago to $2 billion.
Net income in the quarter jumped 25.5% to $501.5 million or $1 per diluted share from $399.6 million or 80 cents in the same quarter last year.
Digital Media segment revenue was $1.39 billion and revenues in the Creative segment and Document Cloud business achieved record revenue of $1.16 billion and $235 million, respectively and Cloud revenue soared 18% to $550 million.
Costco Wholesale Corporation
), the discount stores operator reported total revenues in the first-quarter ending on November 26 surged 13.3% from a year ago to $31.1 billion.
Comparable sales in the quarter jumped 10.5% and online sales soared 43.5%.
Net income in the quarter soared 17.4% to $640 million or $1.45 per diluted share from $545 million or $1.24 in the same quarter last year.
), the electronic chip maker said net revenues in the first-quarter ending in November advanced 9.8% from a year ago to $5.6 billion.
Net income in the quarter plunged 27.5% to $63.8 million or 35 cents per diluted share from $88 million or 47 cents in the same quarter last year.
Jabil forecasted fiscal 2018 net revenue between $4.75 billion and $5.05 billion and operating income in the range of $124 million to $169 million and diluted earnings per share in the range of 31 cents to 57 cents.
), the corporate information technology provider reported total revenues in the second-quarter ending in November jumped 6% from a year ago to $9.6 billion.
Net income in the quarter surged 10% to $2.2 billion or 52 cents per diluted share from $2 billion or 48 cents in the same quarter last year.