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Adobe Systems Inc. (NASDAQ: ADBE) reported Tuesday that its fiscal first-quarter earnings declined on higher expenses, but sales climbed as demand for its design and publishing software improved, according to Associated Press.

The results surpassed Wall Street's expectations.

Adobe also gave a strong forecast for the current quarter and announced that it would launch a key software upgrade by early June.

Adobe earned $127.2 million, or 24 cents per share, in the three months that ended March 5, which is down 19 percent from a year earlier.

Excluding items such as stock compensation costs, Adobe earned 40 cents per share in the latest quarter, above the 37 cents that analysts polled by Thomson Reuters were expecting.

Revenue rose 9 percent to $858.7 million, which also surpassed analysts' expectations.

The majority of Adobe's revenue comes from Creative Suite, its flagship software package which targets professional designers and developers. The company launched the most recent version, Creative Suite 4, in the fall of 2008.

For the current quarter, Adobe is forecasting a profit of 23 cents to 30 cents per share. Excluding items, the company expects to earn 39 cents to 44 cents per share, compared with analysts' expectations of 41 cents per share.

The company forecast revenue of $875 million, which is above Wall Street's predictions of $858.6 million, compared to $925 million in 2009.

In extended trading Tuesday after the results were announced, Adobe shares gained $1.98, or 5.6 percent, to $37.20. Earlier, it closed up 27 cents at $35.22.

Orofino Gold Corp. - Major Gold Find To Be Verified

HONG KONG, China, March 25 - Orofino Gold Corp. (ORFG) ("Orofino Gold" or the "Company") is pleased to announce that the initial results from the first Qualified Persons, NI 43-101 Compliant, review of existing exploration and field data as well as a recent field visit were considered to be exceptional and due to this development, Orofino Gold Corp's Managing Director has taken the initiative to consult additional independent geologists to validate and verify the findings. The verification of the results is to take place on or before April 15, 2010.

All shareholders will be kept abreast of the process and will be informed upon completion of this verification. When the findings are confirmed by independent geologists, shareholders will be extremely pleased. As the price of gold today is nearing $1100 USD/OZ this could be a very rich discovery.

About Orofino Gold Corp. (ORFG)

Orofino Gold is a precious metals acquisition, exploration, and development company. The Company acquires and explores strategically-located precious metals properties in the historically rich gold bearing jurisdictions of Colombia and Mexico. To this end OROFINO has signed an option agreement to acquire several properties in Colombia. The Company is listed on the Pink Sheets under the symbol ORFG.