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Wednesday, Sep 19
2012, 4:34 PM
More on Adobe's FQ3: FQ4 guidance is for revenue of $1.075B-$1.125B and EPS of $0.53-$0.58,...
More on Adobe's FQ3: FQ4 guidance is for revenue of $1.075B-$1.125B and EPS of $0.53-$0.58, below a consensus of $1.21B and $0.67. Deferred revenue -6% Q/Q to $560M after rising in FQ2. Creative Cloud subscriptions up to 200K, grew at an 8K/week pace that's above 5K/week implied guidance. Digital Marketing Suite sales rose 40% Y/Y (boosted by Efficient Frontier purchase?). Shares now -0.7% AH - Street may have baked in sales drop due to weak media spending and transition to subscription sales.