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.