I remain upbeat about the shares of Adobe Systems, a diversified software company. Adobe has spent the past three years shifting most of its business from selling packaged software to persuading customers to sign up to use its programs on the Web. While revenues declined in 2013, the year after the transition began, they have recovered as customers got used to the new model and the company attracted new buyers. The company’s financials for its fiscal 2015 third quarter were solid. Revenues grew 21% y-o-y to $1.22 bn as Adobe saw stable demand across all of its markets around the world. The growth was driven by subscription revenues that jumped 51.5% to $829 mn. Subscribers to Adobe’s Creative Cloud rose by 684,000 to 5.33 mn while analysts on average had predicted an increase of 640,000. Adjusted earnings per share soared 92.9% y-o-y to 54 cents topping consensus estimate of 50 cents. For the fourth quarter of fiscal 2015 that ends in November, Adobe expects adjusted EPS of 56-62 cents on revenues of $1.28-1.33 bn. The number of subscribers for Creative Cloud by the end of the current fiscal year is forecast at 5.9 mn. Adobe also forecast revenues of $5.7 bn and adjusted earnings of $2.70 per share for the year that ends Nov 2016. In November, Adobe announced plans to buy ComScore's Digital Analytix business, a service that combines analytics and audience demographics to give clients unparalleled data access and visibility into the characteristics of their entire user bases. The platform deals with data in raw form, which provides flexible and detailed analysis. The Digital Analytix business will be added to the Adobe Analytics unit of the Adobe Marketing Cloud. Adobe expects the acquisition to close in December; financial terms of the deal were not disclosed. Recently, Adobe's shares hit a lifetime high. The stock is set to reach a $100 mark in medium term, I believe. $ADBE, Adobe Inc. / 1440