Macromedia today announced that it expects to report an operating loss of 15 to 20 cents per share for its first quarter, which closes June 30. Analysts had been expecting a profit of 13 cents per share. The company expects to post revenues of $85 million to $90 million. “While our products continue to maintain leading market share, the web professional development tools market is down 20-30 percent year on year this quarter,” said Macromedia Chairman and CEO Rob Burgess.
