At the meeting, senior executives had outline macro trends that are driving the company’s fastest growing market segments, and the technology solutions and business strategies that will drive growth for Adobe. The macro trends include the multiscreen explosion, which is dramatically transforming how content is created, distributed and consumed; data-driven marketing, which is increasingly critical to enterprises as they seek to optimize online performance and gather customer insights; and the rise of the digital enterprise, where companies and governments are rapidly moving customer-facing processes online.
The company also provided an intra-quarter business update for its fourth quarter ending Dec. 3, 2010. With approximately five weeks remaining in the quarter, Adobe announced it believes it will achieve quarterly results within the revenue and earnings target ranges it provided on Sept. 21, 2010. The Company’s Q4 target ranges are the following: revenue of $950 million to $1 billion, GAAP diluted earnings per share of $0.35 to $0.41, non-GAAP diluted earnings per share of $0.48 to $0.54, a GAAP operating margin of 27 to 30 percent, and a non-GAAP operating margin of 37 to 38 percent.