Adobe System Inc. on Thursday provided an update for the company’s fiscal first quarter ending February 28, 2003.
In its regular intra-quarter update, Adobe said the company is on target in all major geographic regions and believes they will meet previous guidance provided on December 12, 2002. Adobe’s revenue range is $275 to $290 million, and pro forma earnings per share of $0.21 to $0.23.
Analysts polled by Thomson First Call expect Adobe to report earnings $0.22 per share for the first quarter.
Adobe shares closed the day at 26.42, down -0.29 or -1.09%