Adobe Systems Inc.
has provided its regular intraquarter business update for its fourth quarter of fiscal 2002, which ends November 29.
The company thinks it will achieve revenue and profit results within its previously announced target ranges. With five weeks left in the quarter, Adobe says it expects to achieve revenue between US$285 to $300 million, and pro forma earnings of $0.21 to $0.25 per share in the quarter.
Adobe’s management team will be providing more info at their Fall Financial Analyst Meeting today in New York City. They’ll also be giving details about the company’s future operating model and strategic business plans for fiscal year 2003. Adobe will report its fourth quarter fiscal 2002 results on December 12 after the market closes.