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Adobe Systems (ADBE) Boosts FY16 Outlook; Guides Q2 EPS, Revenue

March 17, 2016 4:11 PM

Adobe Systems (NASDAQ: ADBE) sees FY revenue about $5.8 billion and EPS of about $2.80, from $5.7billion and $2.70 previously expected, respectively. The Street sees FY16 revenue of $5.74 billion and EPS of $2.76.

Sees Q2 revenue of $1.365 and EPS of $0.64 - $0.70. Consensus views expect Q2 revenue of $1.39 billion and EPS of $0.65.

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