Adobe CEO Shantanu Narayen. Photo credit: Christopher Michel on Flickr, under Creative Commons license

Famed graphics software company Adobe has released its financial results for its second fiscal quarter of this year, indicating $3.1 billion in revenues, a quarterly record for the company. $3.1 billion in quarterly revenue represents a 14% year-over-year growth. For the second fiscal quarter (ended May 29, 2020), net income came at $1.2 billion. Adobe is forecasting similar fiscal results for the next quarter. The San Jose-based company expects about $3.1 billion in revenue in the next quarter.

As of the end of the second fiscal quarter, Adobe reported having $3 billion in cash at hand.