Adobe's 4Q sales range mainly in line with Street

Tue Sep 16, 2008 4:40 PM EDT

technology, wall-street, outlook, adobe, adobe-systems

Software maker Adobe Systems Inc. forecast fiscal fourth-quarter earnings of 39 to 41 cents per share and adjusted earnings of 51 to 53 cents per share Tuesday, in line with Wall Street estimates.

Excluding items, analysts polled by Thomson Reuters were expecting a profit of 51 cents per share in this quarter.

The San Jose, Calif.-based company forecast revenue of $925 million to $955 million for the quarter, which ends in November. Analysts were expecting sales of $939 million.

Shares jumped in after-hours trading.

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Adobe's 4Q sales range mainly in line with Street

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