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Adobe Systems (ADBE) reported revenue for the fiscal fourth quarter ended December 1 of $682.2 million. That’s above the Street consensus of $670.8 million, and at the upper end of the company’s guidance of $655 million to $685 million. The company reported GAAP earnings of 30 cents a share, consistent with previous guidance of 29 to 32 cents a share; non-GAAP EPS of 33 cents was right in line with the Street.

For the fiscal first quarter, the company sees revenue of $640 million to $670 million; the Street has been at $651.95 million. Adobe sees GAAP operating margin of 19%-21%; non GAAP at 33%-34%; GAAP EPS of 17-20 cents and non-GAAP of 28-30 cents. The Street has been at 31 cents non-GAAP. For all of fiscal 2007, the company sees annual revenue growing 15% from the $2.575 billion reported in fiscal 2006, which implies revenue of $2.96 billion; that’s a bit lighter than the Street consensus of $3.07 billion. The company expects a GAAP operating margin of 25%-27%, with non-GAAP at 37%-38%.

In after hours trading, Adobe shares are up 96 cents, at $41.77, after gaining 51 cents in the regular session.

See: Adobe Systems F4Q06 (Qtr End 12/01/06) Earnings Call Transcript

Source: Adobe Up On Solid Revenue Report, In-Line Guidance