Investors heartened by Adobe's (ADBE +6.5%) FQ4 beat and better-than-feared FQ1 guidance are...

|About: Adobe Systems Incorporated (ADBE)|By:, SA News Editor

Investors heartened by Adobe's (ADBE +6.5%) FQ4 beat and better-than-feared FQ1 guidance are bidding shares higher. The graphics/publishing software giant used its earnings call to trumpet its embrace of subscription-based software, and note a cloud version of its flagship Creative Suite will arrive in FQ2. Adobe also disclosed it paid $400M to acquire online advertising startup Efficient Frontier.