24/7 Wall St.
06-16-2008, 06:00 PM
24/7 Wall St. Daily News
Adobe Systems Inc. (NASDAQ: ADBE) has reported it earnings after the close. The software maker posted $0.40 net EPS and $0.50 non-GAAP EPS on $886.9 million in revenues, and both were above First Call expectations $0.46 EPS on $880 million in revenues. The company guided next quarter to $0.45 to $0.47 non-GAAP EPS with a revenue range of $855 to $885 million. First Call had estimates of $0.45 EPS on $877.9 million. Adobe is targeting an operating margin of approximately 29% on a GAAP basis and approximately 38.5% on a non-GAAP basis. As shares appear to be within the range...http://feeds.feedburner.com/~f/typepad/RyNm?i=keLD0I</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=keLD0I) http://feeds.feedburner.com/~f/typepad/RyNm?i=eKtfWI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=eKtfWI) http://feeds.feedburner.com/~f/typepad/RyNm?i=P3wvei</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=P3wvei)
complete story here... (http://www.247wallst.com/2008/06/adobe-earnings.html)
Adobe Systems Inc. (NASDAQ: ADBE) has reported it earnings after the close. The software maker posted $0.40 net EPS and $0.50 non-GAAP EPS on $886.9 million in revenues, and both were above First Call expectations $0.46 EPS on $880 million in revenues. The company guided next quarter to $0.45 to $0.47 non-GAAP EPS with a revenue range of $855 to $885 million. First Call had estimates of $0.45 EPS on $877.9 million. Adobe is targeting an operating margin of approximately 29% on a GAAP basis and approximately 38.5% on a non-GAAP basis. As shares appear to be within the range...http://feeds.feedburner.com/~f/typepad/RyNm?i=keLD0I</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=keLD0I) http://feeds.feedburner.com/~f/typepad/RyNm?i=eKtfWI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=eKtfWI) http://feeds.feedburner.com/~f/typepad/RyNm?i=P3wvei</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=P3wvei)
complete story here... (http://www.247wallst.com/2008/06/adobe-earnings.html)