Archive for September 14th, 2006

Sep 14, 2006

On the Road to Santa Fe

Well, it’s that time of year again to pack up the bike and hit the road to Santa Fe for my annual workshop. Last year was a lot of fun and I’m really looking forward to getting out of town and on the road again this year. You can read about my class in this article Jeff Schewe’s Santa Fe Workshop.

Sep 14, 2006

Adobe Reports Solid Third Quarter Financial Results

Company Achieves 24 Percent Year-Over-Year Revenue Growth

SAN JOSE, Calif. — September 14, 2006 — Adobe Systems Incorporated (Nasdaq:ADBE) today reported financial results for its third quarter ended September 1, 2006. The Company’s Q3 results reflect the acquisition of Macromedia in December, 2005, and are compared to pre-acquisition results of prior fiscal periods as applicable.

In the third quarter of fiscal 2006, Adobe achieved revenue of $602.2 million, compared to $487.0 million reported for the third quarter of fiscal 2005 and $635.5 million reported in the second quarter of fiscal 2006. On a year-over-year basis, this represents 24 percent revenue growth. Adobe’s third quarter revenue target range was $580 to $610 million.