UBS Boosts Target on Adobe (ADBE) after Q3

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Adobe Systems (ADBE) Reports In-Line Q3 EPS; Guides Q4 Below Views

September 19, 2012 4:04 PM EDT

Adobe Systems, Inc. (NASDAQ: ADBE) reported Q3 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.1 billion.

Adobe Systems, Inc. sees Q4 2012 EPS of $0.53-0.58, versus the consensus of $0.67. Adobe Systems,... More