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Adobe Beats on Both Lines

Stock quotes in this article: ADBE , GOOG  

Updated from 5:06 p.m. EDT

San Jose, Calif.-based Adobe Systems(ADBE Quote) beat analysts' second-quarter expectations and projected healthy sales for the coming quarter.

The publishing-software developer on Thursday reported net income of $152.5 million and EPS of 25 cents, compared with $123.1 million and 21 cents a share for the same quarter of 2006.

Excluding items, Adobe earned $223.2 million, or 37 cents a share. ...

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