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| | Adobe Systems Provides Intra-Quarter Business Update |
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date: Aug 2nd 2006 11:11
Company Reaffirms Third Quarter Financial Targets
Adobe Systems Incorporated (NASDAQ: ADBE) today is providing its regular intra-quarter business update for its third quarter of fiscal 2006, which ends September 1, 2006.
With approximately five weeks remaining in the quarter, Adobe announced it believes it will achieve quarterly results within the financial target ranges it provided on June 15, 2006. The Company s Q3 FY2006 target ranges are the following: revenue of $580 to $610 million, GAAP earnings per share of $0.13 to $0.16, non-GAAP earnings per share of $0.25 to $0.27, a GAAP operating margin of 16 to 19 percent, and a non-GAAP operating margin of 33 to 35 percent.
The Company plans to report its third quarter fiscal 2006 results on September 14, 2006 after the market closes.
Adobe Announces Webcasts of Upcoming Investor Conference Participation
Adobe also announced it will participate in the following events with the financial community during August:
Pacific Crest Technology Forum
Vail, CO
Tuesday August 8, 2006
12:30 p.m. Eastern Time
Randy Furr, Executive Vice President and CFO
Canaccord Adams Summer Seminar
Boston, MA
Wednesday August 9, 2006
3:00 p.m. Eastern Time
Randy Furr, Executive Vice President and CFO
CIBC Enterprise Software Conference
New York, NY
Thursday August 10, 2006
8:55 a.m. Eastern Time
Shantanu Narayen, President and COO Randy Furr, Executive Vice President and CFO
These investor conference presentations will be Webcast from Adobe s Web site at:
http://www.adobe.com/ADBE
Conference presentation times are subject to change at the discretion of the conference host. An archive of each Webcast will be available for a limited time.
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