Adobe has warned investors of weaker-than-expected performance in its current second financial quarter, which ends June 2.
With approximately five weeks remaining in the quarter, Adobe has warned that its quarterly results will be "toward the low end" of its previously stated targets.
The company observed that it has seen weaker demand than it expected this spring in Europe and North America.
Investors will be closely watching the company in order to ascertain its fate now it has merged with Macromedia. The company itself updated its website to reflect that merger last weekend.
On March 22, 2006 Adobe predicted results in its current quarter of between $640-$670 million in revenue for a non-GAAP EPS (Earnings-per-share) of $0.30-$0.32.
Adobe will report its second quarter fiscal 2006 results on June 15, 2006.