Jan 22 (Reuters) - Adobe Systems Inc:
* SEES FY 2018 NON-GAAP EARNINGS PER SHARE $6.20
* SEES Q1 2018 NON-GAAP EARNINGS PER SHARE $1.43
* IMPACT OF NEW U.S. TAX LAW RESULTS IN HIGHER FISCAL YEAR 2018 EARNINGS PER SHARE TARGETS
* GIVEN ADOBE’S FISCAL YEAR 2018 BEGAN DEC. 2, 2017, COMPANY WILL HAVE A PARTIAL-YEAR IMPACT DUE TO TAX CHANGES
* EXPECTS ITS FISCAL YEAR 2018 GAAP AND NON-GAAP EFFECTIVE TAX RATES WILL DECLINE SUBSTANTIALLY FROM RATES IN FISCAL YEAR 2017
* ALSO EXPECTS FISCAL YEAR 2019 GAAP AND NON-GAAP EFFECTIVE TAX RATES TO STABILIZE AT A RATE OF APPROXIMATELY 18 PERCENT
* REAFFIRMED ITS FINANCIAL TARGETS INCLUDING REVENUE, ARR AND BOOKINGS TARGETS AS APPLICABLE FOR BOTH Q1 AND FOR FISCAL YEAR 2018
* ADOBE SYSTEMS - REAFFIRMED FINANCIAL TARGETS INCLUDING REVENUE, ANNUALIZED RECURRING REVENUE, BOOKINGS TARGETS AS APPICABLE FOR Q1, FISCAL YEAR 2018
* SEES FISCAL YEAR 2018 TOTAL REVENUE AROUND $8.725 BILLION
* Q1 EARNINGS PER SHARE VIEW $1.27, FY2018 REVENUE VIEW $8.71 BILLION — THOMSON REUTERS I/B/E/S
* FY2018 EARNINGS PER SHARE VIEW $5.57 — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: