How does Adobe Systems CEO Bruce Chizen abbreviate “profits and deliverable financials?
” PDF. The tough-minded, New York native is navigating the maker of design software, used by print and online publishers, through the still economic waters of recession by relying on core products. Last week, San Jose, Calif.-based Adobe missed, by a penny, analysts’ earnings estimates of 21 cents per share, excluding one-time charges, on fiscal fourth-quarter sales of $264.5 million. Adobe’s Acrobat business was the quarter’s bright spot, growing 41 percent year over year. Businesses use the product to produce electronic versions of print documents in Adobe’s portable document format, or PDF. About 155 government agencies around the world, for example, including the Internal Revenue Service, distribute electronic forms and other documents using PDF. Chizen, who emphasized the importance of Adobe’s PDF business to the company’s long-term financial health, also reiterated its commitment to the Macintosh; Adobe plans to release new product versions for Apple Computer’s Mac OS X, which wa
