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More on Adobe's FQ2: Deferred revenue rose $43.9M Q/Q to $592.8M, and digital marketing sales...

More on Adobe's FQ2: Deferred revenue rose $43.9M Q/Q to $592.8M, and digital marketing sales (boosted by acquisitions) rose 35% Y/Y. Citing weak Euro demand, Adobe expects FQ3 revenue of $1.075B-$1.125B and EPS of $0.56-$0.61, mostly below a consensus of $1.13B and $0.61. It expects FY12 revenue growth of 6%-7% and EPS of $2.40-$2.46 vs. a consensus of 6.6% and $2.44. FQ3 guidance could heighten concerns about the transition to a subscription model. ADBE -4.7% AH. (PR)
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