Nikon D7100 Canon EOS Rebel T5i Nikon D3300 Canon EOS 1200D Sony A5000 Nikon D4S
Nikon D7100 Canon EOS Rebel T5i Nikon D3300 Canon EOS 1200D Sony A5000 Nikon D4S
  News Headlines Apple Canon Casio Fujifilm HTC LG Nikon Nokia Olympus Panasonic Pentax Ricoh Rollei Samsung Sony  
Lets Go Digital
 
     
Powered by True
Counted by OneStat.com
Record revenue Adobe
Ralf Jurrien : June 28th 2007 - 11:03 CET
Digital Camera Review Test Appareil Photo Numerique Prueba camara digital Digitale Camera Test Dijital Kamera Incelemeleri Digitalkamera Test Digitalkamera
AdobeRecord revenue Adobe : Adobe Systems Incorporated reported financial results for its second quarter of fiscal 2007 ended June 1, 2007. Adobe achieved record revenue of $745.6 million, compared to $635.5 million reported for the second quarter of fiscal 2006 and $649.4 million reported in the first quarter of fiscal 2007. This represents 17 percent year-over-year revenue growth. Adobe’s second quarter revenue target range was $700 to $740 million. “Q2 was a strong quarter, driven by the record performance of both our Creative Suite products and Acrobat,” said Bruce Chizen, chief executive officer of Adobe. “Assuming continued business momentum, we expect to exceed our original fiscal year revenue and profit targets.”
Record revenue AdobeGAAP diluted earnings
Adobe’s GAAP diluted earnings per share for the second quarter of fiscal 2007 were $0.25, based on 603.4 million weighted average shares. This compares with GAAP diluted earnings per share of $0.20 reported in the second quarter of fiscal 2006 based on 613.8 million weighted average shares, and GAAP diluted earnings per share of $0.24 reported in the first quarter of fiscal 2007 based on 604.2 million weighted average shares. Adobe’s second quarter GAAP earnings per share target range was $0.23 to $0.26.

GAAP operating income
GAAP operating income was $180.4 million in the second quarter of fiscal 2007, compared to $147.9 million in the second quarter of fiscal 2006 and $146.3 million in the first quarter of fiscal 2007. As a percent of revenue, GAAP operating income in the second quarter of fiscal 2007 was 24.2 percent, compared to 23.3 percent in the second quarter of fiscal 2006 and 22.5 percent in the first quarter of fiscal 2007. GAAP net income was $152.5 million for the second quarter of fiscal 2007, compared to $123.1 million reported in the second quarter of fiscal 2006, and $143.9 million in the first quarter of fiscal 2007.

Record revenue Adobe - Non-GAAP results
Non-GAAP diluted earnings per share for the second quarter of fiscal 2007 were $0.37. This compares with non-GAAP diluted earnings per share of $0.31 reported in the second quarter of fiscal 2006, and non-GAAP diluted earnings per share of $0.30 reported in the first quarter of fiscal 2007. Adobe’s second quarter non-GAAP earnings per share target range was $0.34 to $0.36. Adobe’s non-GAAP operating income was $282.1 million in the second quarter of fiscal 2007, compared to $243.1 million in the second quarter of fiscal 2006 and $223.8 million in the first quarter of fiscal 2007. As a percent of revenue, non-GAAP operating income in the second quarter of fiscal 2007 was 37.8 percent, compared to 38.3 percent in the second quarter of fiscal 2006 and 34.5 percent in the first quarter of fiscal 2007. Non-GAAP net income was $223.2 million for the second quarter of fiscal 2007, compared to $189.4 million in the second quarter of fiscal 2006, and $183.6 million in the first quarter of fiscal 2007.

Adobe provides third quarter financial - Targets
For the third quarter of fiscal 2007, Adobe announced it is targeting revenue of $760 million to $800 million. The Company also is targeting a GAAP operating margin of approximately 27 to 28 percent. On a non-GAAP basis, the Company is targeting an operating margin of approximately 39 percent. In addition, Adobe is targeting its share count to be between 607 million and 609 million shares. The Company also is targeting other income to be approximately $21 million to $22 million, with a GAAP tax rate of approximately 25 to 26 percent and a non-GAAP tax rate of approximately 26 to 27 percent. These targets lead to a GAAP earnings per share target range of approximately $0.28 to $0.31. On a non-GAAP basis, the Company is targeting earnings per share of approximately $0.39 to $0.41.

   HP Camera Shop
   Kodak Camera Shop
   Nikon Camera Shop
   Next  Remote editing system for photographers
   Previous  Epson PowerLite S5 multimedia projector
   News by brand:Adobe
   News by category:Source of Information
   News by brand and category:Adobe Source of Information
   Canon EOS 700D - $749.00
   Nikon D7100 - $929.00
   Panasonic Lumix DMC TZ40 - $
   Sony CyberShot DSC HX300 - $398.00
   Canon IXUS 255 HS - $179.99
   Panasonic Lumix DMC TZ35 - $199.95
   Canon PowerShot SX280 HS - $
   Canon EOS 1100D - $299.00
   Sony CyberShot DSC HX50V - $318.99
   Nikon D5300 - $846.95


LetsGoDigital digital camera magazine
Latest Adobe announcements
Photoshop Fix Toolbox recovery software
Photoshop Elements 12
Adobe Anywhere for video
Adobe Photoshop CC
Adobe Creative Cloud update
Adobe Photoshop Touch
Adobe Photoshop Elements 11
Adobe Cloud
Adobe Photoshop CS6 Extended
Adobe CS6 software
Adobe Creative Suite 6 for students
Adobe Creative Cloud
Adobe Photoshop Touch
Adobe Photoshop Lightroom 4
Adobe Photoshop CS6 Beta
 
Twitter LetsGoDigital
Latest news headlines
13-inch MacBook Pro with Retina display
Apple MacBook Pro bags
Canon bridge cameras
Logitech USB headset
Canon PowerShot digital cameras
Canon PowerShot SX520 HS
Canon PowerShot SX400 IS
Firmware update for Fujifilm X-Series cameras
Samsung wearable technology into Trek Bicycles
Samsung Galaxy K zoom
Fujifilm X-mount lenses
LaCie 5TB external hard drives
Samsung Galaxy S5 promotion video
Nanjing 2014 Youth Olympic Games
Pentax K-3 Prestige Gunmetal Edition
   
CanonCasioFujifilmNikonOlympusHTCSamsungSonyPanasonicNokia
  Accessories Android Apps Camcorders Digital cameras Mobile phones Smartphones Software Tablets   CES CeBIT Gadgets IFA Photokina PMA