05/23/2010 05:12 am ET | Updated Jun 10, 2013

Adobe Beats Analyst Earnings Target, Sales Up in 9 Percent in Q1 (video)

SAN FRANCISCO -- In a hopeful sign of the recovery in the technology industry, Adobe released its Q1 results and registered a 9 percent increase in sales over the same period last year and beat analysts' earnings estimates.

"Stability in our creative business, combined with strength in our Acrobat and Omniture solutions, helped drive strong financial performance in Q1," said Shantanu Narayen, president and CEO of Adobe. "The market trends enabling our diverse business remain strong and we are bullish about the upcoming launches of Flash Player and Creative Suite."

Last month in San Francisco, we spoke with Jennifer Taylor, director of Flash content and delivery at Adobe.  She shared an update with us on developments at the company.

More on today's announcement by Larry Dignan at ZDNet.

This video was originally published on Beet.TV.