SAN JOSE (KCBS) – Adobe is getting cheered by investors after topping earnings expectations.

The news is a nice 180 after the San Jose software firm’s shares took a dive in after hours trading as Adobe announced a number of management changes.

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The positive response could also be a good sign for other firms, like Adobe, who are transitioning their legacy software customers to cloud software and services.

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While cloud growth is big, companies don’t see all the money on sales up front like traditional software, spreading it out over time, and that’s resulted in near-term pressure on earnings for a number of software companies.

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Adobe’s shares are making an impressive run higher, considering the overall market is down.