Software company still sees strong Acrobat, Creative Suite demand.
Written By Michael Paige
LOS ANGELES (MarketWatch) — Adobe Systems Inc. late Monday said that it expects quarterly financial results to meet its forecasts as it continues to enjoy “solid” demand for its digital-document management and design software.
Adobe (ADBE: news, chart, profile) , based in San Jose, Calif., saw its shares fall 3% in extended trading to stand at $28.55 following the news. Some investors who have grown accustomed to bullish forecasts from the company were apparently disappointed by the outlook.