Adobe on Thursday said it is “on track” to hit company targets for its current first quarter ending February 28, 2003. The company said in a statement that all of its major geographic markets are on track, and that it expects to earn 21 to 23 cents a share before charges, on sales of $275 million to $290 million. Analysts polled by Thomson First Call had been expecting earnings of 22 cents on sales of $284.3 million, on average. Adobe plans to report its first quarter results on March 13.
