Adobe Systems Inc. (ADBE) Reports Q1 Adj-EPS of 58c, Beats by 1c; Guides Q2 Below the Street

March 22, 2011 4:06 PM EDT Send to a Friend
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Adobe Systems Inc. (NASDAQ: ADBE) reported Q1 EPS of $0.58, $0.01 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.03 billion.

Adobe Systems Inc. sees Q2 adj-EPS of $0.47-$0.54 (GAAP $0.33-$0.40), versus the consensus of $0.57. Sees Q2 revenue of $970 million-$1.02 billion, versus the consensus of $1.04 billion.


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