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Stocks to Watch - ADBE, ERIC, SNE, GSOL.
0 Comments | M2 Presswire, March, 2008
M2 PRESSWIRE-19 March 2008-SmallCapReview.com: Stocks to Watch - ADBE, ERIC, SNE, GSOL(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:19032008
Adobe Systems Incorporated (Nasdaq: ADBE) Closed at $31.88. Today announced financial results for its first quarter ended Feb. 29, 2008. In the first quarter of fiscal 2008, Adobe achieved revenue of $890.4 million, compared to $649.4 million reported for the first quarter of fiscal 2007 and $911.2 million reported in the fourth quarter of fiscal 2007. This represents 37 percent year-over-year revenue growth. Adobe's first quarter revenue target range was $855 to $885 million.
"Driving our strong performance in Q1 was continued demand for our Creative Suite 3 family of products, as well as another record...
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