Adobe reported third quarter earnings and revenue Wednesday, and in the process marked its tenth straight quarter of record revenue growth.
The creative software giant reported Q3 net income of $272 million, or 54 cents a share.
Non-GAAP earnings in the quarter were 75 cents a share on revenue of $1.46 billion, up 20 percent year-over-year.
Wall Street was looking for earnings of 72 cents a share on revenue of $1.45 billion.
Adobe's digital media business, which includes the Marketing and Document clouds, ended the quarter with a combined $3.70 billion in annualized recurring revenue, up from $3.41 billion in the previous quarter.
Broken down, Creative Cloud revenue was $803 million, up 39 percent year-over-year, and Document Cloud revenue was $187 million.
Meanwhile, Adobe Marketing Cloud brought in $404 million for the quarter, up 10 percent year-over-year. Adobe added that 83 percent of Q3 revenue from recurring sources, an all-time high for the company.
For the current quarter, Adobe now projects revenue in the range of $1.55 billion to $1.6 billion with earnings between 83 cents and 89 cents a share.
Analysts are looking for earnings of at least 78 cents a share on revenue of $1.57 billion.
Adobe's stock was up more than four percent in after market trading.