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NEWS24 June 2011

Omniture revenue up 26% in Q2

Financials News North America

US— Adobe-owned web analytics business Omniture has seen its quarterly revenue rise to $115.9m in Q2, an increase of 26% compared to the same period last year.

The fastest-growing part of Omniture’s business is mobile and tablet device traffic, said Adobe’s chief financial officer Mark Garrett.

Adobe said Omniture’s core online analytics offering was becoming a smaller part of its business as multi-channel analytics and online marketing services such as product recommendation and site optimisation tools grow.

Its main product, SiteCatalyst, accounted for 51% of its takings.

For Adobe as a whole, revenue for the quarter grew by 9% year-on-year to 1.023bn, ahead of the company’s target, while net income grew 54% to $229.4 million.

Adobe bought Omniture for $1.8bn in 2009.

@RESEARCH LIVE

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