Adobe has furnished its regular intra-quarter business update for its fourth financial quarter, which ends 1 December 2006.
Adobe says it believes the company will achieve quarterly revenue of $655 to $685 million, as forecast on 14 September 2006.
Adobe also announced it is increasing its GAAP operating margin and GAAP earnings per share target ranges for its fourth quarter. It's aiming for an operating margin range of 23 to 25 per cent and expects to yield GAAP earnings per share of between $0.29 to $0.32 per share.
The increase is due to a recent gain from the sale of an equity investment, and lower stock compensation expense than was originally expected.
The company confirmed solid demand in its major geographic markets and confirmed Adobe Acrobat 8 will ship as planned during the first week of November.
Adobe will report its fourth quarter fiscal 2006 results on 14 December 2006, after the market closes.