May 2, 2006

Investors Await Adobe Product Launches

Source: Forbes
Written by Kate DuBose Tomassi

In a mid-quarter report, Piper Jaffray senior research analyst Gene Munster said he continues to believe Adobe Systems can improve its revenue per customer through calendar years 2006 and 2007.

Ahead of the company’s intra-quarter update Tuesday, Munster said he expects Adobe (nasdaq: ADBEnewspeople ) management to reiterate its previous fiscal second-quarter guidance of earnings per share of 30 cents to 32 cents on revenue of $640 million to $670 million, in-line with the consensus guidance of 31 cents on revenue of $662.3 million.

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